SEE IT: The pricey Federal Reserve renovation project at center of controversy
1. Federal Reserve's building renovations soared from $1.9B to $2.5B post-COVID. 2. Trump administration pressures Fed to lower interest rates amidst cost overruns. 3. Fed executives assert project oversight by Board of Governors and independent auditor. 4. Cost overruns have prompted inquiries regarding Fed Chair Powell's leadership. 5. Renovations include significant structural repairs and historical preservation measures.