The White House is escalating its pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank’s head

White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters

WASHINGTON — Federal Reserve Chairman Jerome Powell has a week to identify which federal law he violated, White House budget director Russ Vought informed him Thursday — using aggressive new tactics that could achieve President Trump’s goal of lowering interest rates.