🏛️ Powell addresses $2.5B Fed HQ Renovation

• In July, Fed Chair Jerome Powell explained to senators the $2.5B upgrade following his June hearing.

• Expenses are driven by materials, labor, and essential building improvements.

• DOJ is investigating amid political scrutiny.

💡 Powell maintains the renovation is necessary for the century-old Fed buildings.

#MarketRebound #USJobsData #CPIWatch

$THE

THE
THE
0.2196
-7.57%

#FedRenovation #JeromePowell #USPolitics #FinancialNews #CentralBankUpdates