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1 revisions for "The $2.5 Billion Renovation That Became a Weapon: How Trump Turned a Construction Dispute Into a Battle Over the Federal Reserve"

#1
Anonymousabout 2 hours ago

The DOJ dropped its criminal investigation into Federal Reserve Chair Jerome Powell over the Fed's $2.5 billion headquarters renovation on April 24, 2026, after a federal judge found "essentially zero evidence" of a crime and called the probe a pressure campaign to influence interest rate policy. President Trump then vowed to continue investigating the renovation, which has seen costs rise 92% from the original $1.3 billion estimate, as the fight over Fed independence intensifies ahead of Kevin Warsh's confirmation to replace Powell as chair.

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