White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.

President Donald Trump's budget chief said that Federal Reserve Chairman Jerome Powell "has grossly mismanaged the Fed." Office of Management and Budget Director Russell Vought also suggested Powell had misled Congress about a pricey renovation of the central bank's headquarters.

Also in today’s newsletter, Reeves puts reform of UK cash ISAs on hold and Google is to agree cloud discount with US government

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be

Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed."

Trump budget chief Russ Vought proclaimed that there were no “downsides” to the “big, beautiful bill” in a Fox Business appearance Monday, the latest in a series of praises for the GOP’s landmark

It is a home run. There’s like, no downside to this bill," Vought said. "This is not one where you have to say pros and cons. It’s all good.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.