President Donald Trump indicated on March 19 that Federal Reserve Chair Jerome Powell was still under investigation over the $2.5 billion price tag to renovate the Federal Reserve’s Washington headquarters, after a federal judge blocked subpoenas issued to the Federal Reserve as part of a criminal investigation of Powell.
“He’s under investigation, because he’s building a building for hundreds of millions more than it’s supposed to cost,” Trump said during a press briefing with Japanese Prime Minister Sanae Takaichi in the Oval Office before their bilateral meeting.
Trump said the renovation is not only over budget but also behind schedule….
Trump Signals DOJ Should Continue Powell Probe
