Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration

businessinsider.com/jerome-powell-defends-billion-federal-reserve-renovation-project-trump-inflation-2025-7

The Federal Reserve defends its $2.5 billion renovation amid political pressure.
Jonathan Ernst/REUTERS
The Federal Reserve defended its $2.5 billion renovation amid political pressure.
The renovation costs rose from $1.9 billion in 2017 due to material and labor costs.
President Donald…

This story appeared on businessinsider.com, 2025-07-18 03:02:44.
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