U.S. Media: Powell Asks Fed Inspectors to Review Renovation Costs

On July 14, according to AXIOS, a source familiar with the matter stated that Federal Reserve Chairman Powell has requested the Fed's Inspector General to review its $2.5 billion headquarters renovation project — which has become a focal point of criticism from the Trump administration. Recently, Trump appointed loyalists to the National Capital Planning Commission (NCPC) — the commission has the authority to oversee federal building design matters, and a senior White House official hinted that the Fed's modifications to the building violate relevant laws governing the NCPC. The Fed's Office of Inspector General had previously reviewed this long-term planning project, but this review aims to reassess in light of increased regulatory scrutiny.#Strategy增持比特币