Elon Musk raised concerns over the Federal Reserve's $2.5 billion renovation of its Washington headquarters, calling for an investigation into the use of taxpayer funds. He described the project as an 'eyebrow raiser' amid criticisms of excessive spending. The renovations have been attributed to rising material and labor costs since 2021, with comparisons made to extravagant historical projects. This controversy unfolds alongside critiques of the Fed's leadership by political figures like Sen. Rick Scott and former President Trump, amid broader discussions on economic management.
Elon Musk emphasized the need to investigate the Federal Reserve's costly $2.5 billion renovations, labeling it a significant concern for taxpayers.
Musk referred to the exorbitant budget for the Fed's renovations as 'an eyebrow raiser,' suggesting scrutiny is necessary given the financial losses.
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