Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.

The first Black woman to sit on the U.S. central bank’s board has been ‘making an impact — not making headlines.’

Federal Reserve governor Lisa Cook late Wednesday said she wouldn't leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.