Fed pushes back on White House claims of extravagant renovations
1. Fed counters White House claims about extravagant renovation costs. 2. Renovation costs increased from $1.9bn to $2.5bn, provoking criticism. 3. Trump's administration demands Fed lower interest rates, intensifying political pressures. 4. Supreme Court suggests firing Powell could be unconstitutional. 5. Wall Street investors appear against potential leadership changes at the Fed.