The $2.5 billion renovation that Trump is mad about

President Trump seeks to remove Federal Reserve Chair Jerome Powell before his term ends, but lacks the legal authority unless misconduct is proven. Trump's focus has shifted to a $2.5 billion renovation of the Federal Reserve's headquarters, alleging mismanagement and luxury features. The Trump administration claims the renovation's cost overruns and alleged lavish amenities demonstrate Powell's incompetence. Powell defends the project, citing necessary repairs, outdated systems, and misinterpretations of design elements. He refutes claims of private dining rooms, rooftop gardens, and private elevators, explaining their intended functions. The renovation includes extensive upgrades to aging infrastructure, addressing safety, accessibility, and modern code compliance. Cost increases are attributed to unforeseen issues like higher-than-expected asbestos, lead, and water table levels, along with rising material costs. Trump has replaced members of the National Capital Planning Commission, intensifying scrutiny of the renovation. The ongoing investigation could delay the project and further jeopardize Powell's position. The future of the renovation and Powell's tenure remain uncertain.