Trump Dismisses Renovation Report: Independent Audit Already Underway at Fed

President Donald Trump has addressed reports surrounding the Federal Reserve's building renovation project. The President termed the reports 'lies', stating that an in-depth audit of the project is already underway, as announced by Federal Reserve Chair Kevin Warsh.

The renovation project has been a subject of scrutiny, with some questioning its necessity and potential for waste. Trump's statement appears to be an effort to quell these concerns, emphasizing transparency through the audit process.

Details about the scope and timeline of the audit were not provided by Trump or the Federal Reserve in this announcement.