Musk: DOGE "Absolutely Should" Review the Federal Reserve's Headquarters Renovation Costs
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Musk stated on Wednesday that he is considering sending his government efficiency team to the Federal Reserve, suggesting that there may be waste involved in the Federal Reserve's costly renovation of its headquarters. Musk said, "Ultimately, it's all taxpayer money, and I think we certainly—absolutely should—see if the Federal Reserve really spent $2.5 billion on their interior designers." As of 2022, the Federal Reserve's renovation costs for its headquarters have ballooned to $2.5 billion over the years, which the Federal Reserve attributes to rising construction material and labor costs since the project began in 2021, when inflation started to soar. Musk said, "It's quite surprising." (Jin10)
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