As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term, it faced concerns in 2020 during a vetting process involving Trump appointees, who called for more “white Georgia marble” for the facade of building.

Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,

President Donald Trump plans to fire Federal Reserve Chairman Jerome Powell "soon," according to a White House official. Trump told a group of House Republicans about the plan Tuesday night, but pressure has been growing on Powell for months.