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.

Trump and the Fed drama takes a wild turn nobody saw coming and the shocking developments will completely change monetary policy forever.

White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.

The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump's calls for Powell and the Fed to lower interest rates.

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.

Michael Schaffer is a senior editor and columnist at POLITICO Magazine. He has covered national and local politics for over 20 years and spent seven years as editor-in-chief of the Washingtonian. His Capital City column chronicles the inside conversations and big trends shaping Washington politics.

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 ...