Odaily Planet Daily News: A key official in the Trump administration stated that Federal Reserve Chairman Powell has severely mismanaged the agency and requested more information regarding the renovation of the Federal Reserve's Washington headquarters. "The President is deeply troubled by your management of the Federal Reserve System," wrote Vought, the Director of the Office of Management and Budget, in a letter to Powell. "You have not attempted to correct the Federal Reserve's financial situation, but instead have flamboyantly renovated the Washington headquarters." This letter continues the tone of Trump, senior government officials, and some Congressional Republicans, applying greater scrutiny to Powell, who currently faces widespread pressure to lower interest rates.