Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what happens if there’s a tweet that says the Fed chair is gone?

The White House budget director, Russell Vought, told reporters that the administration wanted to have an on-site inspection of the Fed’s troubled $2.5bn building renovations amid a feud between US Pr