The Federal Reserve is the central banking system of the United States. Known for setting U.S. monetary policy, regulating financial institutions, and managing inflation and employment targets. Recently, the Fed underwent a leadership transition as Jerome Powell's chairmanship ended and Kevin Warsh was confirmed and sworn in as the new chair. Last updated 5 days ago
Fed Chair Powell: "I've said that I will not leave the board until this investigation is well and truly over with transparency and finality and I stand by that. I'm encouraged by recent developments."
Trump: The National Trust for Historic Preservation is suing me over a ballroom that is under budget, ahead of schedule, built at no cost to taxpayers, and will be the finest of its kind anywhere in the world.
They are also suing over the ...
Trump: The National Trust for Historic Preservation is suing me over a ballroom that is under budget, ahead of schedule, built at no cost to taxpayers, and will be the finest of its kind anywhere in the world.
They are also suing over the renovation of the former Kennedy Center, now the Trump Kennedy Center, where I am fixing and improving a building that was poorly maintained for years but has major potential.
Yet this same group is not suing over the Federal Reserve building, which has been severely damaged, is billions over budget, and may never be completed or reopened.
They have also taken no action on Governor Gavin Newsom’s California high speed rail project, which is billions over budget and may never be used.
So projects that are under budget and progressing well are being targeted, while major failures across the country are ignored.
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