Now, central bank chief targeted for ‘ostentatious’ Fed renovation costs

Jul 14, 2025 - 11:30
Now, central bank chief targeted for ‘ostentatious’ Fed renovation costs

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White House economic advisor Kevin Hassett stated President Trump possesses the authority to dismiss Federal Reserve chair Jerome Powell if justified. This stems from concerns over a reported $700 million cost overrun during renovations at the Fed's Washington headquarters. Budget Director Russ Vought criticized the $2.

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