Fed building renovation costs
Industry News
Fed Building Renovation Costs Under Scrutiny Amid Trump’s Critique
Gregg Kell
July 15, 2025
The escalating Fed building renovation costs have become a focal point of scrutiny, particularly under the watchful eye of the Trump administration.As Chair Jerome Powell faces criticism for expenses exceeding $2.5 billion—$700 million over budget—calls for an inspector general review have intensified.