The Federal Reserve's independence is being questioned due to allegations of financial mismanagement. President Trump criticizes Fed Chair Jerome Powell over a costly headquarters renovation, sparking debate over the Fed's autonomy.

Fueling speculation, Bill Pulte—chair of government-backed lenders Fannie Mae and Freddie Mac—claimed in a post on X that Powell may not finish his term. Pulte has repeatedly called for Powell’s resignation,

President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central bank to lower interest rates.

President Donald Trump ousted Joe Biden’s appointees to the National Capital Planning Commission, the obscure panel that oversees urban planning for the Washington area. And instead of the usual wonky architecture types,

FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.

Critics are calling for Powell to be censured ... While JPMorgan’s new $3 billion Manhattan headquarters may offer some context on renovation costs, the optics of luxury spending at a taxpayer-backed institution are proving hard to defend, especially ...

Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under unprecedented scrutiny.

Federal Reserve Chair Jerome Powell is facing mounting accusations from lawmakers and former officials who say he misled Congress about the scope and cost of a $2.5 billion renovation to the Fed's Washington headquarters.