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QI Research CEO and Chief Stratege Danielle Dinielle Dimartino Booth, Fed Chairman Jerome Powell discusses whether the US economy is associated with the ‘money winning’.
Federal Reserve President Jerome Powell returns to Capitol Hill for the second day of the month of witness on Wednesday. He is expected to face harsh questions from the Senate Banking Committee, the republic and democratic senators.
Appearance, Powell’s testimony’s testimony before the aftermost financial services Committee, appealed to inflation, President Donald TrumpOutlook to interrupt the proposed tariffs and interest rate.
Although these issues are likely to focus on the Senate Banking Committee, the Republican members of the Bank are preparing to oppose Powell on the federal reserve as a growing policy of excessive spending and growing politics.
Fed chair Powel says the US economy is’ firm
In a letter to the FOX business before the trial, the chairman of the banking committee, a group of senators led by RS.C, criticized the planned repair of Fed, Washington, DC headquarters.
Senator Tim Scott, South Carolina and Senate’s Banking, Housing and Urban Affairs Committee, Washington, DC, Thursday, 27 February 2025 (Hand through Drago / Bloomberg Getty Images / Getty Images)
“At the same time, Americans are fighting to put food at the table, the federal reserve spends billions of dollars in the repair of two offices in Washington and the two-letter bouyrs.
MPs, planned upgrades, including “Rooftop Garden Terraces, Ornat Water Features, VIP Dining Kit directly entering new elevators, white marble, roofing, cotton, a special art collection.”
First, if it cost $ 1.9 billion, the “balloon budget” was reported to be 32%, the new only 2.5 billion dollars. MPs claim.
“The federal reserve has not earned a profit since 2022,” MPs wrote and the touch is done at a time when they wrote unnecessary and touching.
Marriner S., Washington, DC, USA, Federal Reserve in the United States on 25 June 2024. (Getty Images / Shen / Bloomberg Ting / Bloomberg via Getty Images)
Federal Reserve spokesman Fox work, “We received the letter and planned to answer.”
Agency, updated construction codes and technological infrastructure, defended their repair plans in the past.
Along with the overhaul of the Fed headquarters, including the government’s efficiency (DOGE) department, Elon Musk also conducted an extensive investigation.
Big Bank CEO breaks the state of the economy
“At the end of the day, this is the whole taxpayer money … it should really be seen to see $ 2.5 billion in the Federal Reserve interior designer” Musk collision Earlier this year, journalists call “one eyebrow breeder” project.
During the last visit of the Fed in Fed, Powell’s Powel is expected in Powel in Powel in Powel, as a political prejudice of the Fed’s political decision, Powel’s last visit to Powel.
Chairman of the Federal Reserve Board Jerome Powell held a press conference after the meeting of the Federal Open Market Committee on June 18, 2025 (McNAMEE / Getty Images / Getty Images Win
In his letters, the Senators called on the Central Bank political, writing, “In recent years, the federal reserve was sensitive to political pressure.”
Noting that the agency was aimed at climated financial issues, noting that the financial system of the President Biden is connected to the network, only to leave the group after returning to President Trump.
“The federal reserve should be an agency that plays a critical role in the function of our government and the global economy, and therefore should not be exempt from politics, but also politics.
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Powell often stressed the non-political nature of the decisions of the Central Bank’s decisions, and in the beginning of this year, the Fedin said that he was “serious political”.
Powell is scheduled to start a testimony before the Senate Bank Committee before the Senate Bank Committee.