Donald Trump has renewed criticism of the Federal Reserve's $2.5 billion headquarters renovation, calling it wasteful, while the Fed stresses the project is funded from its own revenues, not taxpayer money, and cites inflation and safety needs as key drivers of cost increases.
#YonhapInfomax #FederalReserve #Renovation #JeromePowell #Trump #RenovationCost #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Trump Slams Fed Headquarters Renovation Costs—Compares Project to 'Building a Basement in the Potomac'

Donald Trump has renewed criticism of the Federal Reserve's $2.5 billion headquarters renovation, calling it wasteful, while the Fed stresses the project is funded from its own revenues, not taxpayer money, and cites inflation and safety needs as key drivers of cost increases.

Yonhap Infomax
The Trump administration has escalated pressure on Fed Chair Jerome Powell, criticizing a $700 million budget overrun in the Fed headquarters renovation and questioning Powell’s management, as calls for rate cuts remain unmet.
#YonhapInfomax #FederalReserve #JeromePowell #TrumpAdministration #RenovationCost #InterestRatePolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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