💥 Stunning Blast!! Musk Slams Fed for Wasting $2.5 Billion, DOGE Sparks Reform Storm!!😱🚨
Billionaire vows for transparency, Fed's 'excessive' staff raises controversy!
Musk Criticizes the Fed
Elon Musk demands the Government Efficiency Department (DOGE) to review the Federal Reserve’s $2.5 billion headquarters renovation, calling it a "waste of taxpayer money." A 2022 Fed memo shows that renovation costs surged due to rising materials, labor, and schedule adjustments. Musk criticized Fed staff last December as "overly large and unjustifiably excessive," emphasizing on X platform in February that the Fed needs to be fully transparent.
Fed Faces Off with DOGE
Fed Chairman Powell countered, claiming that the budget is prudent, and staff are efficient, denying any excess personnel. Musk insists DOGE will continue to cut government waste, even after leaving the Trump administration on May 30. DOGE positions itself as a "long-term enterprise," vowing to push for reforms, and the Fed spending controversy may lead to a larger storm.