Federal Reserve System, renovation

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Why the renovation of Federal Reserve headquarters costs $2.5 billion
For months, the renovation of the Federal Reserve’s headquarters in Washington has been a subject of friction between the White House and the central bank. On Jan. 11, Fed Chair Jerome Powell said the Justice Department had issued subpoenas in advance of a possible criminal indictment related to the ongoing work.

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Explainer-Donald Trump Versus the Federal Reserve - What You Need to Know
The $2.5 billion renovation at the center of the DOJ's criminal investigation of the Federal Reserve
Minnesota and the Twin Cities Sue the Federal Government to Stop the Immigration Crackdown
Federal officers fired tear gas Monday to break up a crowd of whistle-blowing bystanders in Minneapolis who showed up to see the aftermath of a car crash involving immigration agents, just a few block...

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Global central banks work on statement in solidarity with Fed's Powell, Bloomberg News reports
What to Know About the Criminal Investigation of the Fed Chair
Justice Department opens a criminal investigation of Fed chair
Powell accused the Justice Department of using the threat of criminal prosecution to pressure the central bank to lower interest rates, describing newly issued grand jury subpoenas as an unprecedented...

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Trump’s legal attack on Powell underscores his aim for full control over Fed
Jerome Powell says DOJ has subpoenaed central bank, threatens criminal indictment

U.S. Treasury vs. Federal Reserve: What’s the Difference?

The Fed is a separate agency from the U.S. Treasury, but both are responsible for keeping the economy stable. Here's the difference between the two bodies.

The odds: How Americans feel about the Federal Reserve and the US economy

CNN’s Chief Data Analyst Harry Enten takes a look at how Americans feel about the independence of the Federal Reserve and where the U.S. economy is headed.

What Supreme Court Has Said About Firing Federal Reserve Chair

The U.S. Supreme Court has indicated that even if President Donald Trump can fire the heads of independent agencies, it may ensure there are protections to stop these powers applying to the Federal Reserve.

What Is the Salary of the Federal Reserve Chair?

The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.

Republican lawmakers speak out against the Justice Department's Federal Reserve investigation

Sen. Lisa Murkowski said the investigation is "nothing more than an attempt at coercion," while House Financial Services Committee Chair French Hill warned it would create "an unnecessary distraction.

Federal Reserve ‘ignored’ US attorney’s office inquiries into Powell’s congressional testimony ‘on multiple occasions’: Pirro

The word ‘indictment’ has come out of Mr. Powell’s mouth, no one else’s. None of this would have happened if they had just responded to our outreach.”

US stock market crashes today: Why Dow, S&P 500 and Nasdaq down today? Here’s why fears over the Federal Reserve triggered a market pullback

U.S. stocks tumbled on Monday as a legal war erupted between the White House and the Federal Reserve. The Dow dropped 264 points to 49,240.00, while the S&P 500 fell to 6,961.16. Investors reacted to a DOJ criminal probe into Fed Chair Jerome Powell.
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Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

Asian equities posted gains Monday while the dollar dipped as investors digested news that the US Justice Department subpoenaed the Federal Reserve, raising fears over US central bank independence.
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