Jerome Powell denies extravagant spending; refutes claims

added a post in International

2025-07-18 01:56:32 -

Federal Reserve Chair Jerome Powell refuted allegations of mismanagement in the Federal Reserve Board’s renovation project, responding to concerns raised by White House Budget Director Russ Vought. Amidst speculation of a potential removal attempt, Powell clarified that claims of extravagant features like rooftop gardens and luxury amenities were inaccurate. The project's costs and...

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