New Delhi, July 25 -- President Donald Trump may have found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell: by accusing him of mismanaging the U.S. central bank's $2.5 billion building renovation project.

The push comes after a monthslong campaign by Trump to try to rid himself of the politically independent central banker, who has resisted the Republican president's calls to slash interest rates out of concerns about the administration's tariffs sparking higher levels of inflation.

The Supreme Court recently signaled that Trump can't fire Powell simply because the president disagrees with him on interest rates. But legally he could do so "for cause," such as misconduct or dereliction of duty.

Trump has seize...