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The Fed chairman calls for a reevaluation of the $2.5 billion headquarters renovation project.
[Bitu] A knowledgeable source said that Fed 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 attacks from the Trump administration. The Inspector General's office had previously reviewed this long-planned project, but this review aims to reassess it amid increased regulatory scrutiny.