Trump Denies Renovation Scandal, Supports Warsh Audit
President Trump has responded to recent 'Fake News' reports regarding an investigation into the renovation of the Federal Reserve Building. The project, which is hundreds of millions of dollars over budget and behind schedule, was criticized for a lack of leadership and oversight under former Fed Chairman Jerome Powell.
In a statement, Trump expressed support for the newly confirmed Fed Chairman, Kevin Warsh, who has announced an in-depth, independent audit into the matter. Attorney General Todd Blanche stated that the Justice Department will investigate any evidence of wrongdoing.
The Inspector General report detailed the project's issues, citing Powell's leadership as a major factor in the delays and cost overruns.