July 24, 2025

Trump weaponizes Fed headquarters renovation costs to pressure Powell on rates

Fed's $2.5B marble renovation sparks Trump-Powell clash over luxury spending

🔐Ethics💰Economy

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🔐Ethics💰Economy

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How much has the Federal Reserve headquarters renovation cost ballooned to?

Trump appointees to the US Commission of Fine Arts required the Fed renovation to use more white marble.

When did Trump tour the Fed renovation site that sparked market turmoil?

The dollar dropped 8% when investors feared political control of the Fed.

Powell requested an inspector general review only after Trump's public attacks.

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Trump weaponizes Fed headquarters renovation costs to pressure Powell on rates

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People, bills, and sources

Why Trump Is Targeting the Fed's $2.5 Billion Renovation

The Fed just gave a rare look at its $2.5 billion renovation — right before Trump’s tour | CNN Business

Why the Federal Reserve's building renovations are attracting the White House's ire

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan | CNN Business

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

Fed explains its mega-renovation project as Trump pressures Powell

Here's how the Fed's renovation budget ballooned to $2.5 billion | Fortune

Why the Federal Reserve’s Building Renovation Costs $2.5 Billion

Breaking Down the $2.5 Billion Price Tag of the Fed’s HQ Renovation

CREW analysis of government spending priorities

SEE IT: The pricey Federal Reserve renovation project at center of controversy

Taxpayers for Common Sense analysis of Capitol spending during austerity

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5 more questions available

Ready to test your knowledge?

People, bills, and sources

Why Trump Is Targeting the Fed's $2.5 Billion Renovation

The Fed just gave a rare look at its $2.5 billion renovation — right before Trump’s tour | CNN Business

Why the Federal Reserve&#039;s building renovations are attracting the White House&#039;s ire

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan | CNN Business

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

Fed explains its mega-renovation project as Trump pressures Powell

Here's how the Fed's renovation budget ballooned to $2.5 billion | Fortune

Why the Federal Reserve’s Building Renovation Costs $2.5 Billion

Breaking Down the $2.5 Billion Price Tag of the Fed’s HQ Renovation

CREW analysis of government spending priorities

SEE IT: The pricey Federal Reserve renovation project at center of controversy

Taxpayers for Common Sense analysis of Capitol spending during austerity

Why the Federal Reserve's building renovations are attracting the White House's ire