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President Donald TrumpHe said he was the Budget Manager on Thursday Federal reserve Chairman Jerome powder “He did not grossly approached the Fed, and suggested that the headquarters of the Central Bank burned the Congress on the expensive and” attractive “monument.
Bronside Management and Budget Department Director Russell Vox Opened a new front of Trump’s war Of words against Powell.
Trump, the Fed chairman repeatedly called to reduce interest rates. He noted the community’s substitute until the end of the Submitted Submittee’s substitutes from the next spring of the Substitute Powell and recently recently.
The wagon letter raises the question that Trump’s dust will not want to delete the dust for at least the silence.
But Supreme Court In recent decisions, members of the Federal Reserve Board suggested that the president has special protection.
Washington, DC, USA, Washington on June 25, 2025 in Marriner S. Eccles, Washington, Construction in the Federal Reserve in the United States.
Al Drago | Bloomberg | Getty pictures
“FY23 (for the first time in the Fed), the Fed is a way over the budget in the repair of headquarters,” he said.
“Now up to $ 2.5 billion, the initial cost is about $ 700 million,” he wrote. “The cost of a square leg is $ 1,923 – it is twice according to the repair of an ordinary historical federal building. Versaal Palace would cost today $ 3 billion!”
Vargection Tweet, Fed Boss’ June closed with a letter referring to June 25 before the Senate Bank Committee.
“Your testimony requires serious questions about the compliance of the project’s national capital planning, which requires projects that require projects to be approved by the National Capital Planning Commission,” he said.
Washington, DC, USA, Washington on June 25, 2025 in Marriner S. Eccles, Washington, Construction in the Federal Reserve in the United States.
Al Drago | Bloomberg | Getty pictures
“These project plans are Rooftop Terrace Gardens, VIP private dining rooms and elevators, water features, premium marble and more,” he said.
But in the demand, there is no VIP dining room. No new marble. There are no special lifts. There are no new water features. There are no bees and there are no bees. There are no gardens of roof terraces, “he said.
“Although small deviations from approved plans are inevitable, your statement appears that the project does not meet the plan approved in connection with the main design elements of the project,” he said.
“This will require the project to confirm the NCPC and thus violating the NCPA immediately from the Fed and reach a new agreement from the NCPC.”
The letter asked Powel to answer 11 questions about the repair project during seven working days.
The federal reserve refused to comment on the vendual letter.
– Extra report of CNBC Jeff Cox
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