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Powell Calls for Fed Review of Renovation Costs as Project Becomes Focus of Trump’s Attacks

Powell Calls for Fed Review of Renovation Costs as Project Becomes Focus of Trump’s Attacks

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星球日报星球日报2025/07/14 12:39

Odaily Planet Daily News: According to a source familiar with the matter, Federal Reserve Chairman Jerome Powell has requested the Fed’s Inspector General to review its $2.5 billion headquarters renovation project—a project that has become a focal point of criticism from the Trump administration. The Inspector General’s office had previously reviewed this long-term project, but the current review aims to reassess it amid heightened regulatory scrutiny. (Jin10)

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