---
title: "White House Budget Director: Trump is well aware that \"he cannot dismiss the Federal Reserve Chairman\""
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249002023.md"
description: "Russell Vought, Director of the Office of Management and Budget at the White House, stated that Trump is aware he cannot dismiss the Chairman of the Federal Reserve. He mentioned that the Trump administration is concerned about the high renovation costs of the Federal Reserve building and plans to conduct an on-site investigation. Vought also pointed out that differing opinions on the renovation issue could be misleading and believes that the assessments by the internal prosecutors of the Federal Reserve are insufficient. In addition, the House of Representatives has approved the legislation to cut spending on DOGE that was transferred from the Senate"
datetime: "2025-07-17T14:30:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249002023.md)
  - [en](https://longbridge.com/en/news/249002023.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249002023.md)
generator: "portal-rs"
---

# White House Budget Director: Trump is well aware that "he cannot dismiss the Federal Reserve Chairman"

Russell Vought, Director of the Office of Management and Budget at the White House: President Trump is well aware that "he cannot remove the Chairman of the Federal Reserve."

(We) are concerned about the excessive costs of renovating the Federal Reserve building.

(The Trump administration) is trying to conduct an on-site investigation of the renovated Federal Reserve building.

(Talking about issues related to the renovation of the Federal Reserve building) inconsistencies are misleading.

(The internal) prosecutors at the Federal Reserve find the assessments related to the renovation of the Federal Reserve building insufficient.

The House of Representatives approved the spending cut legislation transferred from the Senate regarding DOGE, which is not a concern

## Related News & Research

- [Dogecoin Rallies 21% In 1 Month: What Is Going On?](https://longbridge.com/en/news/298073478.md)
- [Dogecoin Cash CEO David Tobias disposes of 347,458 common shares for $2,668.18](https://longbridge.com/en/news/293784955.md)
- [Trump Says 'No More Selling' Bombardier Jets in the US Amid Canada Trade War: 'If They Want Our Market, They Must Build Here'](https://longbridge.com/en/news/298260271.md)
- [Bitmine Buys 28,086 ETH for $69.5 Million: Is $27 Next for BMNR?](https://longbridge.com/en/news/298342285.md)
- [Can Southern Copper (SCCO) Justify Its Valuation After Cash Flow Jump And Dividend Update?](https://longbridge.com/en/news/298320572.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**