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Fortune

Jason Ma

Monetary policy at the world's most important central bank could hinge on an argument over building renovation specs

Jerome Powell Donald Trump Monetary Policy Russell Vought Russ Vought the Federal Reserve Ed Yardeni Kevin Hassett CNBC Interest Rates

(Credit: Al Drago—Bloomberg via Getty Images)

The White House has accused Federal Reserve Chairman Jerome Powell of mismanagement and pointed to renovations at the central bank’s headquarters in Washington, DC. The Fed rebutted those claims with an update to its frequently asked questions page on its website. The argument comes as President Donald Trump continues to demand Powell lower interest rates.

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.

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