Jay Powell sent senators details on $2.5bn Fed project following testimony
Letter seen by FT appears to undermine claims that the chair of US central bank misled Congress over renovation
Letter seen by FT appears to undermine claims that the chair of US central bank misled Congress over renovation

Federal Reserve chair says the probe relating to a $2.5bn renovation of HQ is a ‘pretext’ to rein in central bank’s independence

US central bank chair to tell congressional committee economy remains ‘solid’ but tariffs could push up prices

Trump administration objects to central bank project, alleging mismanagement by chair

Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next US central bank chief

Chair says probe follows central bank’s refusal to bow to White House push for much lower interest rates

The Fed chair has left it for his successor to address key issues facing the world’s most influential central bank