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Fed posts video tour, renovation details as White House intensifies attacks
WASHINGTON D.C., JUL 21 – The Federal Reserve posted a virtual tour to address concerns over a $2.5 billion renovation amid political pressure on Chair Jerome Powell and cost overrun allegations.
- On Monday, the Federal Reserve published a virtual tour video of the renovation site, featuring asbestos removal and blast-resistant windows, on its public website section for the project.
- White House officials planned an on-site review this week, according to Semafor report citing James Blair, as political tension over interest rates heats up.
- Instead of an in-person tour, Trump officials were denied and offered a `virtual site visit`, James Blair revealed, with a night walkthrough at 7 pm when no renovations occurred.
- Powell issued a formal letter to Vought defending the renovation, noting no private elevators or luxury amenities were included.
- Calls to remove Jerome Powell from his post are growing amid the renovation dispute, with critics alleging perjury and the Justice Department referred him for prosecution.
9 Articles
9 Articles
Trump administration ramps up Fed scrutiny
The White House escalated its conflict with the US Federal Reserve, with the Treasury secretary on Monday calling for a review of the “entire” central bank. President Donald Trump has repeatedly criticized the Fed for not lowering interest rates, but the latest scrutiny surrounds its $2.5 billion building renovation. Some Republicans have suggested the costly project could be an opportunity to oust Fed Chair Jerome Powell, but others in Trump’s …
SHADY: Fed Sidesteps Request from Trump Officials to Tour Renovations, Releases 'Virtual Visit' Instead
Federal Reserve Chair Jerome Powell just pulled an incredibly suspicious move in response to requests from Trump officials to tour the very questionable $2.5 billion building renovations project in-person. Federal Housing Director William (Bill) Pulte was offered to tour the renovations on Friday night, when nobody was working. Pulte said on X: Per The White House’s James Blair, Jerome Powell offered Our Group a Tour at 7pm last evening, when n…
What Are They Hiding? Fed Declines Trump Official Request For On Site Visit to Tour Building Renovations, Releases 'Virtual Site Visit'
Another stunt… Fed Chair Jerome Powell pulled another shady stunt after Trump officials requested a tour of the so-called $2.5 billion in building ‘renovations.’ On Friday Chairman of the Board of Fannie Mae and Freddie Mac, Bill Pulte, revealed Jerome Powell offered a tour of the renovations on Friday night when no one was there.
The Fed’s $2.5B renovation irking President Trump and team
The makeover of the Federal Reserve’s Washington D.C. headquarters, the Marriner S. Eccles Building, has become a lightning rod for Chairman Jerome Powell already under fire from President Donald Trump, U.S. Treasury Secretary Scott and others for not cutting interest rates. Some of his critics have compared the over-budget project to the Taj Mahal and the Palace of Versailles after costs ballooned from around $1.9 billion to $2.5 billion. Offic…
Fed posts video tour, renovation details as White House intensifies attacks
The Federal Reserve on Monday added a video tour and new details about the renovation of two historical buildings at its headquarters in Washington, as the Trump administration ramps up attacks on U.S. central bank chief Jerome Powell for not cutting interest rates and criticizes the project’s cost and design.
Fed adds video tour footage to building renovation information page on website
(Reuters) -The Federal Reserve on Monday added footage of a video tour of the two historic buildings it is renovating at its Washington headquarters campus amid criticism from the White House over cost overruns for the project.
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