Treasury Secretary Scott Bessent told the president privately in recent days that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Major construction work continues at the U.S. Federal Reserve building as U.S. President Donald Trump voices complaints about Fed Chair Jerome Powell, in Washington, D.C., U.S., July 14, 2025. REUTERS/Jonathan Ernst/File Photo (Reuters) -The spiraling cost of the Federal Reserve's years-long renovation of two historic buildings in Washington,

Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington,

"I have asked the Justice Department to release all grand jury testimony with respect to Epstein," Trump said.

U.S. President Donald Trump said on Thursday that he had asked Attorney General Pam Bondi to produce any and all pertinent grand jury testimony in the Jeffrey Epstein case, subject to court approval.

Under intense pressure from President Donald Trump’s own supporters, his administration now is asking a federal court to unseal secret documents related to Jeffrey Epstein’s case