The Trump administration is set to implement significant changes to the Federal Reserve, aiming to reshape the world's most powerful central bank. With plans already underway, these changes promise to alter the landscape of U.

Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.

The Federal Reserve, or Fed, is the central bank of the United States. It is made up of twelve district banks that are supervised by a Board of Governors. Basically, the Fed oversees banks, protects consumers and keeps our financial system stable.

President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell's handling of an extensive renovation project on two Fed buildings could be grounds for firing.

Did Jerome Powell write a July 22, 2025, letter informing President Donald Trump of his resignation as Chairman of the Federal Reserve? No, that's not true: A widely-shared screenshot of such a letter was in fact a fake,

The project cost has increased from $1.9 billion to $2.5 billion but there are other factors behind the Trump administration's concerns.

The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...

Former Federal Reserve Governor Kevin Warsh joins ‘Special Report’ to discuss the future of the central banking system and addresses the Trump administration’s second-term economic agenda.

The Federal Reserve system isn't owned by a person or a company. It is controlled by a Board of Governors in Washington, D.C., as an agency of the federal government.

The Federal Reserve had been created in 1913 to stabilize America’s banking system and keep money flowing around the country, so the stupendous stock market crash of 1929 and the painful ...

On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation ...

Sen. Bernie Moreno (R-OH) compared Federal Reserve Chairman Jay Powell to Dr. Anthony Fauci in an interview with CNN's Kaitlan Collins. KAITLAN COLLINS, CNN HOST: I think the question that people have had is seeing the president there,