Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
1. Vought calls for investigation into $2.5 billion Fed renovation project. 2. Accusations against Powell include misleading Congress about renovation costs. 3. Tension between Trump and Powell over interest rate decisions remains high. 4. New board members with ties to the White House oversee the project. 5. Markets expect a potential interest rate cut by the Fed in September.