Federal Reserve Publicly Counters Trump Administration Over Renovation Costs Amid Escalating Tensions
Federal Reserve Publicly Counters Trump Administration Over Renovation Costs Amid Escalating Tensions The U.S. Federal Reserve is directly addressing mounting criticisms from the Trump administration regarding its $2.5 billion headquarters renovation project, launching a new ‘Frequently Asked Questions’ page on its website. This move comes as the administration intensifies its campaign against the central bank and Chairman Jerome Powell. The newly updated FAQ page, last revised late last week, specifically refutes claims made by Office of Management and Budget Director…