Federal Reserve Chair Jerome Powell faces intense scrutiny after accusations of lying to Congress about the scope of a planned $2.5 billion headquarters upgrade. Federal Housing Finance Administration Director Bill Pulte,

President Trump again said Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.

The president's ongoing effort to push Fed Chairman Jerome Powell out of his job are part of a dangerous effort to undermine the central bank's nonpartisan monetary policy processes.

Trump is tearing into Jerome Powell once again, this time for what he says is complete disrespect for America’s financial strength.

Federal Reserve Chair Jerome Powell is facing mounting accusations from lawmakers and former officials who say he misled Congress about the scope and cost of a $2.5 billion renovation to the Fed's Washington headquarters.

Federal Reserve Chair Jerome Powell speaks to the Senate Banking Committee, Tuesday, Feb. 11, 2025, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

President Trump again said Jerome Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.