The senator knocked the FHFA chief over voluminous social posting. Meanwhile, the Fed published a video tour of its renovations, and Treasury Secretary Scott Bessent expounded on his recent comments.

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while telling him to cut interest rates,

Fed Chair Jerome Powell responds to criticism from the White House over the costly renovation of Fed headquarters.

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, continued to rail against the Fed chief and the outlet that characterized Bessent as a cooler head prevailing.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.