White House budget head Russell on Thursday accused Federal Reserve President Jerome Powell of being mismanaged to the Central Bank’s budget during renewal, which connects Pavel’s criticism of President Trump of President Trump.
In v bugght A letter to PowellTrump is “extremely upset” that he has “carried forward with a hypocritical overhaul of Fed’s headquarters in Washington, DC said the cost of renewal has reached around 700 million dollars, and he has explained” VIP dining room “and” Premium marble “, and in addition to” premium marble “.
Watt said Powell testified before the Congress last month and denied expensive additions that he was part of the renewal. He said that Powell said that some renewal factors from the 2021 plan were no longer stated that “it states that the project is out of compliance with the plan approved in relation to key design elements”.
The OMB directs the agencies to consult with the National Capital Planning Commission (NCPC) on renewal, and is pressurized whether the project is according to the same plan by the Commission approved in 2021.
Other questions sent to Powell include whether the roof of the roof garden, private dining room, marble features, private lifts and water features are in the scheme and if they have consulted with NCPC in making any changes in the plan.
“Unfortunately, Powell’s recent testimony for the Congress has given rise to serious questions, which now needs additional monitoring from the OMB with the National Capital Planning Commission. Today, I sent a letter below to Powell to the chairman Powell to get to the bottom of this largacy,” said on the social platform X.
Earlier this week, Trump was questioned about the allegations that Powell lied to MPs about renewal at the headquarters and replied, “Then he should resign immediately.”
The President said, “We should meet someone who should reduce interest rates.”
Trump has repeatedly killed Powell, Describing it as a name Like “too late” and “Sunkul”, and that has been Publicly important For Central Bank’s decision Interest rates stable Even inflation has become a bit cold.
The Fed Chair has defended not to reduce rates because the Central Bank wait to see how the President iswhipsaw business policiesAndTax deduction planAffects a strong American economy.
White House Deputy Chief of Staff James Blair Also said on Thursday He is not honest in his testimony about the renewal project at Powell Headquarters about the allegations.
And Federal Housing Finance Agency Director Bill Bridge Recently piled on criticism Powell, calling for his resignation and claiming Fed, is damaging the US economy by placing its basic interest rate at a moderate level.
