Just In: Federal Reserve Chair Jerome Powell is being accused of lying to Congress after he denied that a $2.5 billion revamp of the central bankโs Washington headquarters will load the facility with lavish amenities.
He wonโt decrease interest rates, but heโll spend $833,000 per employee to renovate offices.
Jerome Powell apparently lied to Congress about the cost & extent of renovations to the Federal Reserve HQ. The $2.5 billion cost is more than $833,000.00 per employee!!