The beforehand facade of the Marriner S. Eccles Federal Reserve Board Building is disposable arsenic a monolithic renovation continues connected the gathering and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images
After months of President Donald Trump criticizing Federal Reserve Chairman Jerome Powell for his refusal to little the benchmark borrowing rate, the latest flashpoint to look successful the White House's run against Powell is simply a yearslong renovation of the Fed's office successful Washington.
Trump, who has ramped up governmental unit connected Powell by questioning his absorption of the renovation, visited the Fed connected Thursday to reappraisal the gathering renovations.
The renovation costs volition transcend $2 billion, successful portion owed to asbestos and pb contamination discovered during the archetypal stages. The renovated buildings volition besides see blast-proof solid connected the windows, according to a Fed authoritative who briefed reporters during a circuit Thursday.
The historical buildings are expected to beryllium renovated by 2027, with unit moving backmost into their offices the pursuing year.
Since the Trump medication archetypal seized connected the project's outgo overruns successful the outpouring arsenic an avenue to knock Powell, the Fed has created a public website connected the project.
The Marriner S. Eccles Federal Reserve Board Building is disposable arsenic a monolithic renovation continues connected the gathering and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
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Original item enactment on the ceiling is disposable successful the main 2 communicative committee country arsenic a monolithic renovation continues of the Marriner S. Eccles Federal Reserve Board Building and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
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An excavator works connected the crushed level of the 1951 Constitution Avenue Building arsenic a monolithic renovation continues connected the gathering and the Marriner S. Eccles Federal Reserve Board Building connected July 24, 2025 successful Washington, DC.
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The expansive atrium is disposable arsenic a monolithic renovation continues of the Marriner S. Eccles Federal Reserve Board Building and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, D.C. (Photo by Andrew Harnik/Getty Images)
Andrew Harnik | Getty Images News | Getty Images
The expansive atrium is disposable arsenic a monolithic renovation continues of the Marriner S. Eccles Federal Reserve Board Building and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
An illustration of h2o harm is disposable on the ceiling successful the historical lobby of the 1951 Constitution Avenue Building which was successful mediocre information anterior to a monolithic renovation that continues connected the gathering and the Marriner S. Eccles Federal Reserve Board Building connected July 24, 2025 successful Washington, DC.
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The Washington Monument is disposable from the extortion of the Marriner S. Eccles Federal Reserve Board Building arsenic a monolithic renovation continues connected the gathering and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
An oval reception country astatine the entranceway to a main 2 communicative committee country has jokingly been referred to arsenic the "Oval Office" by operation workers, arsenic a monolithic renovation continues of the Marriner S. Eccles Federal Reserve Board Building and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
The beforehand facade of the 1951 Constitution Avenue Building is disposable arsenic a monolithic renovation continues connected the gathering and the Marriner S. Eccles Federal Reserve Board Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
The beforehand facade of the Marriner S. Eccles Federal Reserve Board Building is disposable arsenic a monolithic renovation continues connected the gathering and the 1951 Constitution Avenue Building connected July 24, 2025 successful Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
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