US Federal Reserve HQ Renovation Under Probe; Jerome Powell Flags Pressure Over Rate Policy

US Federal Reserve HQ Renovation Under Probe; Jerome Powell Flags Pressure Over Rate Policy

Last Updated:January 12, 2026, 08:24 IST Jerome H. Powell vows integrity as Federal prosecutors investigate the Federal Reserve’s 2.5 billion headquarters renovation, citing political pressure over interest rate decisions Powell pushes back against DOJ probe, says Fed won’t bow to pressure Federal Reserve Chair Jerome H. Powell on January 11 said he would continue to…

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