Fed, Trump and Powell
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The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently
Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed Chair Powell.
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday, citing a letter to lawmakers by Powell.
2don MSN
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,
Federal Reserve Chair Jerome Powell has made a formal request that the central bank’s inspector general review its $2.5 billion building renovation, according to a spokesperson for the IG’s office.
Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.
Federal Reserve Chair Jerome Powell has reportedly asked the central bank’s inspector general to review its $2.5 billion headquarters renovation, a project that has become a key focus of escalating attacks from the Trump administration.