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Barchart
Barchart
Caleb Naysmith

Fed Chair Jerome Powell is Spending $2.5 Billion Renovating D.C. Office With Luxury Features That ‘Belong in the Palace of Versailles’

Federal Reserve Chair Jerome Powell is under mounting scrutiny after reports revealed that the central bank’s Washington, D.C. headquarters renovation has soared to $2.5 billion and features a host of luxury upgrades. The news comes at a time when many Americans are struggling with high inflation, rising interest rates, and a cost-of-living squeeze, fueling widespread criticism over the project’s timing and scope.

Lavish Renovations Amid Economic Strain

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