U.S. Fed chief asks inspector general to review headquarters renovation project

NAMPA / Xinhua

2025-07-15

WASHINGTON, July 14 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review the renovation project of its headquarters after criticism from the White House, according to local media. Kevin Hassett, director of the National Economic Council, said Monday in an interview with CNBC's Squawk Box: "The idea that the Fed could print money and then spend $2.5 billion on a building without real cong......

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