Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access to the Fed’s building in Washington.

President Trump has escalated his attacks on Fed Chair Jerome Powell, citing alleged mismanagement of a $2.5 billion renovation, but experts warn firing him would face serious legal hurdles.

President Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project.