Florida Sen. Rick Scott Demands Powell's Ouster Amid "Culture Of Corruption" At Federal Reserve
DISTRICT OF COLUMBIA, JUL 25 – President Trump confronted Federal Reserve Chairman Jerome Powell over renovation costs rising from $2.5 billion to more than $3.1 billion at the Fed headquarters, highlighting budget disputes.
- Florida Senator Rick Scott called for Federal Reserve Chairman Jerome Powell's immediate resignation on July 26, 2025, in Washington, D.C.
- Scott intensified criticism after President Trump led a surprise visit to the Fed's Eccles building construction site, accusing Powell of mishandling a $3.1 billion renovation budget.
- Scott cited Powell's oversight of ethics violations, mismanagement, a $6.7 trillion unsustainable Fed balance sheet, and operating losses exceeding $77 billion last year.
- Scott asserted that many Americans recognize the necessity for new leadership, highlighting ongoing shortcomings under Powell despite calls from both parties for reforms.
- The ongoing feud increases pressure on Powell as markets remain cautious, with Trump threatening to use budget overruns as grounds for Powell's removal.
11 Articles
11 Articles
Florida Sen. Rick Scott Demands Powell's Ouster Amid "Culture Of Corruption" At Federal Reserve
Senator Levels Charges of “Corruption, Mismanagement, Zero Accountability” Against Fed Chair, Citing Billion-Dollar Headquarters Overruns and Economic Hardship. Senator Rick Scott (R-FL) unleashed a scathing attack on Federal Reserve Chairman Jay Powell today, calling for his immediate resignation. Citing ballooning costs for the Fed’s new headquarters, rampant ethics violations, and what he termed “disastrous mismanagement,” […] Florida Sen. Ri…
Trump Advocates for Fiscal Responsibility at Federal Reserve - Real News Now
Today marks the commencement of former Congressman George Santos’ prison sentence, stemming from wire fraud and identity theft charges. On a separate note, the spotlight falls on President Donald Trump who is destined for an important engagement at the Federal Reserve in the capital, Washington, D.C. Planning to continue the investigation underway into the Jeffrey Epstein scandal, Deputy Attorney General Todd Blanche is scheduled for further con…
Trump supervises works at the headquarters of the federal reserve
In a Completely Surprising and Stunning Development, Trump Is Wrong Again!
Republished with permission from Lucian K. Truscott IV Okay, go ahead and pick your jaws up off the floor, so I can get started. What is Trump wrong about this time? The Federal Reserve’s renovation project, because of course he is! He’s a six-time bankrupt former real estate magnate, so what would he know about building construction costs? As little as you would think, it turns out. Trump made headlines today by forcing a snap visit to the cons…
US President Donald Trump visited the Federal Reserve in Washington, resulting in a bizarre and awkward press briefing, where he began arguing with the bank's chairman over the cost of the building's renovation. Trump has long been at odds with Jerome Powell, Chairman of the Federal Reserve.
Trump heads to Federal Reserve building — with sworn enemy and an axe to grind
President Donald Trump was headed to the Federal Reserve building on Thursday afternoon with an avowed enemy.Trump claimed that the Federal Reserve renovation budget, which was under $2.5 billion, has now increased to over $3.1 billion. He brought it up in a Truth Social post announcing that he was ...
Coverage Details
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium