The White House moved Thursday with a clear aim to support President Donald Trump‘s possible firing of Federal Reserve Chairman Jerome Powell. Trump has raged against Powell in recent months for not lowering interest rates.

President Trump said he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the

The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.

Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.

Bill Pulte, director of the Federal Housing Finance Agency, expressed confidence that a congressional panel will look into allegations surrounding Federal Reserve building renovations.

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.

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.

U.S. stocks were in the process of trying to recover on Wednesday, after President Donald Trump said it's highly unlikely he would try to fire Federal Reserve Chair Jerome Powell. Here is where the major indexes stand for now: The Dow Jones Industrial Average was up 94 points,