Federal Reserve, Trump and renovation
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The White House will visit the Federal Reserve’s headquarters on Thursday, an official in the Trump administration announced this week.
White House Deputy Chief of Staff James Blair posted on social media platform X that the Federal Reserve “relented” a day after deciding against allowing officials to visit and instead releasing a
Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,
8don MSN
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
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,
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access to the Fed’s building in Washington.