Federal Reserve quietly responds to Trump administration attacks over renovation
153d ago
Business
CNBC
The Federal Reserve has subtly addressed criticism from the Trump administration regarding the ongoing renovations at the central bank. In response to public scrutiny and perceived attacks, the Fed has published a new "Frequently Asked Questions" (FAQ) page on its official website. This page aims to provide clarity and justification for the renovation project, implicitly defending the bank's decisions and financial management. The move signals a quiet but deliberate effort by the Fed to counter negative narratives and maintain public trust amidst political pressure.