CNBC Daily Open: Building renovations might be another front in Trump's attacks on Powell
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最新报道：Federal Reserve Chair Jerome Powell faces criticism for allegedly mismanaging the budget of a $1 billion renovation project for the Fed's headquarters in Washington. Lawmakers claim costs have ballooned due to delays and design changes, with some calling for greater oversight. Powell defended the project, stating it's necessary to modernize the 1930s-era building for security and operational needs. The renovation, approved in 2018, aims to address structural issues and outdated systems while preserving the historic facade. Critics argue funds could be better spent amid economic uncertainty, but the Fed maintains the upgrade is critical for long-term functionality.
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