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Why is the Federal Reserve renovation causing controversy?
Monetary policy at the world’s most important central bank could hinge on an argument over building renovations
fortune.com/2025/07/13/trump-vs-powell-monetary-policy-fed-rate-cuts-office-renovations
The White House has accused Federal Reserve Chairman Jerome Powell of mismanagement and pointed to renovations at the central bank’s headquarters in Washington, DC. The Fed rebutted those claims with an update to its frequently asked questions page on its website. The argument comes as…
This story appeared on fortune.com, 2025-07-13 16:25:09.