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.

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

Tensions between Fed Chair Jerome Powell and Trump have intensified over the central bank’s interest rate decisions and monetary strategy. Trump has placed the blame on Powell for not cutting rates.

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.

In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for Powell to "resign immediately."

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.

Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and claiming the U.S. is losing billions.

The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, with Kevin Warsh and Kevin Hassett among leading contenders.

President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, calling the central bank chief an "average mentally person."

Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.

President Donald Trump, who has been stridently calling for rate cuts, said he hopes that lawmakers will work Fed chair Jerome Powell over on Tuesday

President Donald Trump, frustrated by a lack of interest rate cuts, floated the idea of firing Fed Chair Jerome Powell as he continued lambasting Powell.

Federal Reserve Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold rates steady over inflation worries amid Trump's criticism.

FHFA Director William Pulte has called for Fed Chair Jerome Powell to resign from his position, accusing him of "doing a great injustice to this Country."

The Fed is plagued with a bureaucratic disease. There is no diversity of thought, just a mindless war on a Tariff boogeyman

The Treasury Department faces the challenge of refinancing $11 trillion in U.S. debt within a year as President Trump calls for the Fed to cut interest rates to lower debt costs.

Federal Reserve Chair Jerome Powell during a Wednesday press conference addressed the criticism he's faced from President Donald Trump about interest rates.

Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher interest rates are needed.

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.