News

Why Does Renovating the Fed Cost $2.5 Billion? Asbestos, Height Limits, Lead

The yearslong project to overhaul the U.S. central bank’s headquarters in Washington, D.C., has run into multiple hurdles, ...

WA to receive millions for schools after federal about-face

Nationwide, the Trump administration froze billions in funding for education. Washington stood to lose about 15.6% of the ...

Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign

After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front ...
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Washington Attorney General Secures Temporary Halt to Federal Public Benefit Restrictions

Washington Attorney General Brown secured a temporary halt against federal restrictions on public benefits, buying time until ...

DOGE builds AI tool to cut 50 percent of federal regulations

The U.S. DOGE Service is using a new AI tool to eliminate federal regulations, aiming to cut 50 percent of rules by the first ...

Donald Trump brings war against the Fed to Jay Powell’s home turf

As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.” Powell’s awkward laugh in ...

Trump tussles with Powell during Federal Reserve visit but backs off firing threat

President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair ...

Mr. Trump goes to the Fed. A curious encounter follows.

Fed staff told reporters that it would have been less expensive to just build a new building rather than restore the two historic properties.