Trump's push to oust Jerome Powell over interest rates and Fed renovation costs highlights growing tensions around economic inequality and political control.

The Supreme Court said in May that it could block any attempts by the White House to dismiss Powell, noting as part of a separate ruling that the Fed “is a uniquely structured, quasi-private entity.”...

Republican members of Congress have attacked the Fed over the cost of the refurbishment, with Senate banking committee chair Tim Scott saying it appeared out of touch when ordinary Americans were str...