Fed Chair Jerome H. Powell on Thursday defended the central bank’s large renovation project along the National Mall, which has come under attack from the Trump administration over its price tag, a mo...

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

The administration has asserted that Mr. Powell has mismanaged the project, resulting in a cost overrun, and it has demanded that he provide answers about the project to the Office of Management and ...