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HomeBusinessFed $ 2.5B renewal President Trump and Team

Fed $ 2.5B renewal President Trump and Team



Change Washington DC Headquarters of Federal ReserveMarriner S. Eccles Building, President Donald Trump, US Treasury Secretary Scott and others have already become an electric rod for Jerome Powell, who is under fire, which is not cutting interest rates.

Some of his critics have compared the over-budget project to the Taj Mahal and Versay’s Palace, after the cost of about $ 1.9 billion to $ 2.5 billion after the cost.

Office Management and Budget (OMB) Director Russell Wout recently A letter sent to Powell Ask about recent testimony and compliance with design elements with plans presented to the National Capital Planning Commission (NCPC). It also floats Powell as an excuse of fire for “cause”.

Pavel evacted OMB with a written letter.

“The board believes that it is extremely important for providing transparency for our decisions and being accountable to the public. Accordingly, we have established a section of our public website to provide information about the history, goals, state and federal institutions, engagement with state and federal institutions, and specific features of the project. The first part of the letter.

Fox business Takes a look at the controversial project in the paintings.

Fox Business’ Eric Revell contributed to this report.

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