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Federal Reserve Responds to Trump Administration's Criticism of Renovation

#federal_reserve #trump_administration #renovation

Federal Reserve quietly responds to Trump administration attacks over renovation - CNBC

Federal Reserve Responds to Trump Administration's Criticism of Renovation

The Federal Reserve has been facing criticism from the Trump administration over its renovation plans. In response, the central bank has quietly launched a new "Frequently Asked Questions" page on its website, defending the renovation and addressing common concerns. The page highlights the importance of modernizing the building to meet safety and security standards, as well as the potential cost savings in the long run. It also clarifies that the renovation is being funded by the Federal Reserve and not taxpayer money. This move by the central bank shows its efforts to address and counter the attacks from the Trump administration.

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