Federal Reserve Building Renovation Underway in Washington

The Federal Reserve building in Washington is undergoing a renovation project that began on September 30, 2026. According to a report by Julia Demaree Nikhinson of AP, the project aims to improve the building's infrastructure and update its facilities. The renovation comes as the Federal Reserve continues to play a crucial role in the country's economic policy.

Federal Reserve Chairman Jerome Powell visited the building on July 24, 2025, where he was accompanied by President Donald Trump. During their visit, Powell reviewed documents with cost figures while President Trump pointed at them.