Former President Trump has demanded the resignation of Federal Reserve Chair Jerome Powell following allegations of financial misconduct concerning the renovation of the Fed headquarters. These accusations, though unproven and lacking official corroboration, have sparked a political firestorm with several figures calling for congressional investigations into potential financial missteps related to the project. While market sentiment remains largely unaffected by these claims, Trump’s vocal criticism underscores the ongoing tension surrounding Powell’s leadership and the Federal Reserve’s operational spending. Notably, some officials have voiced concern regarding questionable actions related to the $2.5 billion renovation project, leading to calls for a congressional probe.