In the Trump administration's war with Federal Reserve chair Jerome Powell, there is a new front — ostensibly about beehives and rooftop gardens, but really a fight for control of the U.S. central bank.

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal.

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.

Russell Vought called the initial renovation plans for the Federal Reserve’s headquarters ‘ostentatious’ in what appears to be part of a larger campaign to pressure Jerome Powell to depart

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.

President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.

Australian shares are set to rebound. The S&P 500 edged higher after Trump dampens threat to fire Powell. Labour force data awaited. Follow live.