💨 Abstract

President Donald Trump is considering firing Federal Reserve Chair Jerome Powell over the costly renovation of the Fed's headquarters, which includes extensive use of marble. However, Trump's own appointees pushed for the marble, complicating his criticism. The renovation, now costing $2.5 billion, includes an underground parking garage and glass atria. Trump's attempts to use the renovation as a pretext to remove Powell are muddied by these facts.

Courtesy: WTOP Staff