In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy or news, as expected. Powell’s brief prepared remarks gave no monetary-policy hints and,

U.S. Treasury Secretary Scott Bessent on Monday called on the Federal Reserve to conduct an exhaustive review of its non-monetary policy operations to ensure that "mission creep" does not jeopardize the independence of its core monetary policy mission.

The visit, scheduled for 4pm, is part of the White House’s effort to ramp up scrutiny of the Fed’s $2.5 billion renovation, which President Donald Trump has zeroed in on as a possible pretext for ousting Chair Jerome Powell.

President Donald Trump's advisors are scheduled to visit the Federal Reserve headquarters on Thursday as Trump and his administration ramp up attacks on Jerome Powell, the agency's head.