Extreme makeovers: Federal Reserve vs. White House renovations
Bogdan Hofbauer
President Donald Trump has repeatedly criticized Federal Reserve Chair Jerome Powell over his multibillion-dollar renovation of two of the central bank's buildings in Washington, D.C., at the same time he is pursuing his own costly, controversial project: the demolition and construction of a new East Wing of the White House. “They’re spending $4 billion on renovating a building that should have cost 25 million bucks,” Trump said at a forum last year. The Office of Management and Budget has
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