Federal Reserve Chair Jerome Powell is under fire from the White House, which accuses him of bungling a yearslong renovation of the Fed's headquarters and has suggested that it could be cause to fire ...

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

The situation has the potential to plunge the U.S. central bank into crisis and test one of the underpinnings of the global financial system: the Fed's monetary policy independence from political med...