All articles tagged with #renovation costs
Originally Published 13 days ago — by The Guardian
Donald Trump criticized Federal Reserve Chair Jerome Powell, calling him a 'fool' and expressing a desire to fire him, while also making false claims about the costs of Fed headquarters renovations and discussing his plans to appoint a new Fed chair in January.
Originally Published 5 months ago — by Forbes
The Pentagon is reportedly using funds from a costly missile project to finance renovations for a Qatar-gifted jet, with costs potentially nearing $1 billion, despite Trump's claim that the plane was a 'free gift.' The jet, valued at $400 million, requires extensive upgrades to serve as Air Force One, and the true costs and motives behind the gift are under scrutiny amid concerns over espionage and political influence.
Originally Published 5 months ago — by HuffPost
During a visit to the Federal Reserve, President Trump exhibited various nonverbal cues with Fed Chair Jerome Powell, including signs of disagreement and dominance, such as head shakes, eye closures, and physical contact, which experts interpret as signals of tension, confidence, and control.
Originally Published 5 months ago — by Times of India
During a tour of the Fed's headquarters, Fed Chair Jerome Powell publicly corrected President Trump on the renovation costs, disputing Trump's claim that the project had ballooned to $3.1 billion, and clarifying that the figure included a separate, completed building. The exchange highlighted ongoing tensions between Trump and Powell, with the president criticizing the Fed's spending and hinting at potential removal, while some officials defended Powell's performance.
Originally Published 5 months ago — by Bloomberg
The ongoing $2.5 billion renovation of the Federal Reserve's headquarters in Washington DC has faced significant delays and cost overruns due to construction challenges, underground work complexities, and security standards, with critics alleging wasteful spending and mismanagement, while officials defend the necessity of the upgrades.