Donald Trump, Federal Reserve and rates
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Trump, Federal Reserve and Critical of renovation costs
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Nationwide, the Trump administration froze billions in funding for education. Washington stood to lose about 15.6% of the state's federal K-12 funding.
The yearslong project to overhaul the U.S. central bank’s headquarters in Washington, D.C., has run into multiple hurdles, including higher-than-expected groundwater at the site.
Trump’s executive order addresses homelessness by redirecting federal funds to substance abuse treatment, enforcing bans on open drug use and camping on public property.
1don MSN
On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
The Trump administration held back on distributing $280 million in federal funds to forestry agencies across the country.
The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C. federal court, arguing policy meetings should no longer be held behind closed doors.
The Federal Reserve continued work on its comprehensive effort to rewrite bank rules with a daylong conference at its headquarters on Tuesday.