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OMB Director Russell is investigating the repair of the Federal Reserve of the General Staff of the VOSS.
Trump Management Official requires a response from the Federal Reserve Chair Jerome powder As part of the Central Bank’s repair project project in connection with the president’s pressure to reduce interest rates of the President of the President’s Federation.
Director of Management and Budget (OMB) Russell sent a letter to Powel on Thursday on Thursday Donald Trump “The federal reserve system is extremely concerned about your leadership.”
Fed added “Central Bank’s headquarters” (about $ 700 million (about $ 700 million (approximately $ 700 million), VIP dining rooms and elevators, water features, water features, premium marble and more).
Prior to the congress, Powell’s recent testicle is a serious question that requires projects to be approved by the National Capital Planning Commission of the “Experienced” project of the project “National Capital Planning Law”. ”
Trump ‘terrible’ Fed Chair Powell resigns immediately, requires ratio reduction
OMB Director Russell examines the repair project of the Federal Reserve headquarters. (Allison Robbery / Bloomberg Getty Images / Getty Images)
“Although small deviations of approved plans are inevitable, it turns out that your statement does not comply with the planned plan in connection with the basic design elements of the project,” he said. Then asked a number of questions about the condition of the Fed Repair plans Requested in relation to the submitted to the NCPC and the response within seven working days.
At the end Senate Bank Committee Hearing on monetary policy, Chairman Tim Scott, Rs.C., in the opening speech, which is the speech of the wagon letter focusing, “more feels more like those more than versal.”
During hearing, Powell said that “will answer more detail” and “we will answer more detail,” he does not want to seriously take our responsibility as the public’s managers and to make the main update of a historic building.
Fed President Jerome Powell pushed the claims to repair the Central Bank’s center. (Kent Nichorma / Getty Images / Getty Images)
“I would also say that the media expresses the exact quotation – in many ways, they are wrong and inaccurate.” “I don’t only have a VIP dining room, no new marble – we dropped from the old marble, we put it back, we need to use the new marble where the old marble is some of the old marble.”
“There are no special elevators, there are old lifts out there. There are no bees, no bees and there are no bees and no roof terrace gardens,” said Powell. “All of the media’s inflammatory things are not in the current plan or not just wrong.”
“Nevertheless, the cost of expenses, Powell, Powell, referring to the five-minute rule of panel for each senator’s survey, SCOTT began to say before cutting him. The Senate Bank Committee said he was organizing a briefing on the fed.
Trump has many times Threatened with fire PowellIn 2017, it does not cut interest rates according to the requirements of the Central Bank, which is set to Rol.
However, the Fed is an independent agency and there is no legal authority to do this except for a lifting for the president. Powell’s critics suggested allegations of congress wrong Basics for extraction.
Goldman Sachs says the Central Bank’s independence is an economic echo
President Trump nominated Powel as the Fed Department in 2017. (Goal Loeb / AFP via Getty Images / Getty Images)
Trump, this week was open to open to open to this gift cable, called Powell to step back again so that it can replace it with a chair to cut interest rates.
“Well, then he must resign immediately. We must get somebody there,” said Trump, “said Trump. “It’s good with me, I think he is terrible.”
Updating the two main office building of the federal reserves, the price of prices for $ 2.9 billion in 2019 due to “significant increase” due to “significant increase” due to “significant increase” “significant increase” due to “significant increase”, other construction materials for budget documents Wall Street Journal In connection with the topic, 2023 reports were referred.
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Federal law regulates Federal reserve The system allows the system to build devices for the use, as well as to create devices to maintain or maintain these facilities, but also ensures the only control of these buildings and the seat.
The financing used in the operations of the Fed provides funding from a percentage to manage the money supply, which allows you to finance the basic self-financing from Congress, such as other institutions.
