There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from the powerful panel on Wednesday.

Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.

The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump's calls for Powell and the Fed to lower interest rates.

FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.

Office of Management and Budget Director Russell Vought accused Federal Reserve Chair Jerome Powell on Thursday of an “ostentatious” overhaul of the independent agency’s fiscal headquarters amid an increasingly aggressive campaign by President Trump to get Powell to step down from the job.

As White House officials including the president escalate attacks on the central-bank chair, the director of the Federal Housing Finance Agency alleges Powell misled lawmakers about a renovation of Fed headquarters in Washington.