The White House on Thursday (Jul 10) launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations. Office of Management and Budget Director Russell Vought, in a letter addressed to Powell and posted on social media platform X, said: "Instead of attempting to right the Fed's fiscal ship, you have plowed