Trump Demands Answers on Fed Headquarters Cost Overruns

Trump Demands Answers on Fed Headquarters Cost Overruns

Author: The Daily News Now! April 26, 2026 Duration: 1:39
Wilmington News Today | 2 Min News | The Daily News Now!
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Former President Trump is scrutinizing Federal Reserve Chair Jerome Powell over the escalating costs of the Feds headquarters renovation, which ballooned from $2.46 billion to an unknown amount due to unexpected expenses. Trump praised U.S. Attorney Jeanine Pirro for her work but expressed his intention to delve deeper into the matter, especially under the Biden administration. Powell has criticized the probe as an intimidation tactic, while Senator Thom Tillis blocked Trumps nominee Kevin Warsh, citing political interference. With Pirro stepping back, Warshs confirmation hearings may proceed smoothly. Trump emphasizes the importance of uncovering the truth for future projects and has vowed to continue his investigation.

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