U.S. President Plans to Sue Federal Reserve Chair Over Over $3 Billion in Building Repair Costs

The President of the United States announced that he will sue the Chairman of the Federal Reserve!

The President stated that he plans to allow a lawsuit against Federal Reserve Chair Powell, as the renovation costs of the Federal Reserve building exceed 3 billion dollars.

"I am considering a major trial against Powell, because he has done a very poor and incompetent job in managing the Federal Reserve building, spending 3 billion dollars on renovation costs, which is not a good thing."

The budget for renovating the headquarters of the financial regulatory agency is 3.1 billion dollars. Russell Walker, Director of the White House Office of Management and Budget, said that the project includes building a terrace on the roof, marble sections, and an independent elevator for VIP guest cabins. The renovation cost is 1,923 dollars per square meter, which is twice the average level for similar work on other historic buildings of the U.S. federal government.

Original: www.toutiao.com/article/1840282050590720/

Statement: This article represents the views of the author himself.