cost overruns

Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday during a rare presidential visit to the central bank’s headquarters. However, hours later the US president posted on …

President Donald Trump on Thursday (July 24) lashed out at Federal Reserve Chair Jerome Powell over the $2.5 billion renovation of the central bank’s headquarters in Washington, accusing the Fed …

Federal Reserve Chair Jerome Powell pushed back against White House accusations that he “grossly mismanaged” the Fed’s $2.5 billion headquarters renovation. Budget chief Russell Vought claimed the project featured “ostentatious” …

Federal Reserve Chairman Jerome Powell has revealed that he asked the US central bank’s inspector general to conduct a review into the costs involved in the renovation of its historic …