Before Trump's visit, the Federal Reserve invites journalists to visit the headquarters renovation project

金色财经
金色财经|Jul 24, 2025 18:42
According to Golden Finance, Federal Reserve staff led reporters on a tour of the $2.5 billion Federal Reserve headquarters renovation project. A few hours later, US President Trump will visit the project, which he and his allies have criticized as wasteful and extravagant. In recent weeks, Trump and other Republicans have put increasing pressure on Federal Reserve Chairman Powell over the renovation project, questioning the project's budget growth and reviewing Powell's testimony on the renovation project in the Senate last month. Federal Reserve staff said that Thursday's visit showed reporters the internal work situation of the construction site, where about 700 to 800 workers work in shifts every day. The reporter also visited the roof of the Eccles Building. Republicans have questioned a document from the National Capital Planning Commission regarding a renovation project that mentions a "rooftop garden terrace" providing a resting area for Federal Reserve employees.
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