Federal Reserve Chair Jerome Powell in a Thursday letter to the director of the White House Office of Management and Budget addressed criticisms leveled at the central bank over a $2.5 billion renovation project. Mike Shepard reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business