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Statement from Federal Reserve Chair Jerome H. Powell
Federalreserve.gov and 18 more
- The DOJ probe into Powell unfolds amid intensified scrutiny of Federal Reserve independence and the potential for political pressure shaping rate decisions.
- Powell defended renovations as essential for asbestos removal, modernization, and accessibility, framing the work as necessary safety upgrades rather than improper use of resources.
- Trump has criticized the $2.5 billion renovation of two office buildings as excessive.
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