Federal Reserve Stonewalls DOJ Prosecutors Investigating Headquarters Construction: Report
President Trump praised the investigation into Federal Reserve construction costs and signaled his intent to replace Jerome Powell as Fed Chair.
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President Trump praised the investigation into Federal Reserve construction costs and signaled his intent to replace Jerome Powell as Fed Chair.
This article cites The Western Journal as its original publisher. ChamberLight has not verified that it is a republication, so the scores are The Gateway Pundit's own.
12 stories · 38–44 · updated Sep 25, 2026
This is The Western Journal's own score. The Source Check scores are for The Gateway Pundit and this article.
Federal prosecutors were denied entry to the Federal Reserve's headquarters renovation site amid a $2.5 billion cost-overrun investigation. The standoff highlights escalating tensions between the Trump administration and Fed Chair Jerome Powell.
Federal Reserve Chair being investigated and criticized
Powell's version of this story ↗
U.S. Senator opposing the Warsh nomination
President Trump has threatened to fire Fed Chair Jerome Powell if he does not resign by May 15, citing alleged mismanagement of a multi-billion dollar headquarters renovation. Right-leaning outlets like Fox Business and The Daily Caller focus on Trump's accusations of "incompetence" and his push for nominee Kevin Warsh. In contrast, left-leaning sources such as RawStory and MS NOW frame the ultimatum as a personal "vendetta" that faces significant judicial and legislative pushback.
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