Amid ongoing criticism of Federal Reserve Chair Jerome Powell by former President Trump, a $2.5 billion renovation of the Fed building has come under scrutiny. Trump has expressed dissatisfaction with Powell, whom he appointed, prompting discussions about the possibility of firing him. Despite this, financial experts warn that firing Powell could destabilize the market and diminish the independence of the Federal Reserve. Recent reactions from Wall Street indicate a strong backing for Powell, as equities and the dollar respond positively to favorable economic data. The White House has ramped up its criticism of Powell, leading to speculation about the implications of any potential leadership change on the housing market and broader economic stability.