Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause."

Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.

The Supreme Court on Monday allowed the Trump administration to resume layoffs at the Department of Education. The big picture: The unsigned 6-3 decision overturns a federal judge's order that found President Trump and Education Secretary Linda McMahon did not have the power to shutter the agency.

The Supreme Court issued an order this afternoon that cleared the way for the Trump administration to fire thousands of employees from the Department of Education and effectively dismantle the agency.