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Why Does Renovating the Fed Cost $2.5 Billion? Asbestos, Height Limits, Lead

The yearslong project to overhaul the U.S. central bank’s headquarters in Washington, D.C., has run into multiple hurdles, ...

Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign

After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front ...

DOGE builds AI tool to cut 50 percent of federal regulations

The U.S. DOGE Service is using a new AI tool to eliminate federal regulations, aiming to cut 50 percent of rules by the first ...

Fed Staff Members Cite Tariffs and Inflation for Costly Renovations

A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of ...

Donald Trump brings war against the Fed to Jay Powell’s home turf

As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.” Powell’s awkward laugh in ...

Mr. Trump goes to the Fed. A curious encounter follows.

Fed staff told reporters that it would have been less expensive to just build a new building rather than restore the two historic properties.