All articles tagged with #fed renovation costs
President Trump publicly criticized Federal Reserve Chairman Jerome Powell over alleged cost overruns at the Fed's Washington headquarters during a rare visit, while also pressuring him to lower interest rates, amidst ongoing tensions over monetary policy and Powell's leadership.
Republican Rep. Anna Paulina Luna has referred Fed Chair Jerome Powell to the DOJ for allegedly lying under oath about the costs and details of the Fed's Washington headquarters renovation, amid ongoing political attacks and controversy over the project's expenses and transparency.
The White House is investigating the $700 million cost overruns of the Fed's headquarters renovation, with some officials suggesting President Trump has the authority to fire Fed Chair Jerome Powell for cause, amid ongoing criticism and calls for regime change at the Fed.