A Message from Federal Reserve Chair Jerome Powell, 11 January 2026

… testimony about the project.

… of President Trump.

It is not clear whether Ms. Pirro has convened a grand jury or issued subpoenas. But prosecutors in her office have contacted Mr. Powell’s staff multiple times to request documents about the renovation project, according to an official with knowledge of the investigation who discussed an open inquiry on the condition of anonymity.”

The renovation project is a whopping $700 million over budget.

“A 2021 version of the Fed’s proposal described private elevators and dining rooms for top policymakers, water fountains and new marble features, in addition to a rooftop terrace for staff. Pressed at a congressional hearing in June, Mr. Powell denied that many of those features were part of the latest proposal.”

Good stuff. More please.

No comments:

Post a Comment