The President of the US Center Powell wrote a letter to the White House and gave information about the renovation work to attract the reaction of President Trump due to cost.
In the United States, President Jerome Powell, President Jerome Powell, President Donald Trump, the president was accused of pursuing a new justification with his advisers to reject. The Supreme Court of the United States pointed out that Trump would need a reason to deport Powell. Trump, who often targets Powell, because he refuses to reduce policy benefits, recently transformed his attention to another point.
The US president, who continues to pressure the Fed for lower policy benefit, said in a statement today, “the rate (interest rate) is lower, too late!” He said. According to CNN International, the trend of the Trump administration is not an ignorance of Muslim business about monetary or interest rates, but a construction work. Accordingly, the renovation of the Federal Reserve Bureau (central banking system) in Washington, the capital, is especially noticed by the Trump administration.
The cost increased from 1.9 billion to 2.5 billion The structure was opened in the 1930s, and in the past 90 years, there was never a complete improvement. Powell and other Fed officials have launched a “multi -table and multi -board process” to innovate the complex. However, as in many government construction projects, this project has exceeded the budget according to the previous plan. The first cost is 1.9 billion dollars. This amount increased to 2.5 billion dollars over time. He was Trump himself, who nominated Powell for President Fed; The reform plan begins in the first term of Trump. Answering the criticism of re -education, Powell asked the Fed to review the project again. Letter from Powell to the White House Powell Central Bank Chairman, while discussions on renovation and expenses continue, while last night, the President of the Budget Office and the White House Government Russell Vear wrote a letter. Saying that there is no abuse or abuse of tasks in re -education studies, Powell said that the central bank of the central bank in Washington is essential, that they are approved by law and they are transparent. According to AA, Powell said in his letter that information about the project was added to the Fed website to be transparent and this information supported the information he showed at a meeting of a US Senate Committee on June 25. The Fed said they were responsible for using public resources in the best way and they value this responsibility. “Members of the delegation approving the project every year” Powell explained that the members of the Fed delegation approved the project budget every year and the project is a big project because it includes the improvement of two historical buildings and buildings built in the 1930s. Powell said that the periodic work was done to make these buildings be able to live, but the two buildings have not been subject to comprehensive improvement since they were first built. In his letter, the Fed chairman also stated that the project was implemented in accordance with the plan approved by the National BAşKENT planning committee, and there was no additional addition other than small design changes to simplify structure and prevent delays or increase costs. Powell added that there is no VIP vip dining room or VIP elevator built within the project. Powell has 7 days to respond In a letter he sent to Powell last week, Vear asked questions about the renovation work and asked them to be answered within 7 working days. US President Trump accused Powell misleading the National Assembly about the project, this was a reform. How do you spend $ 2.5 billion?