Michael Horowitz
Coverage of Michael Horowitz in the Nexus archive.
- Trump vows to 'get to the bottom' of Fed's multibillion-dollar building renovation after probe shift
President Donald Trump criticized the Federal Reserve's $4 billion building renovation cost, vowing to investigate despite a shift in the probe to the Fed's inspector general. The Fed initially budgeted $2.46 billion, but costs escalated due to asbestos and inflation. Trump also targeted Fed Chair Jerome Powell over the project's management.
- Trump vows to 'get to the bottom' of Fed's multibillion-dollar building renovation after probe shift
President Donald Trump criticized the Federal Reserve's $4 billion building renovation project, vowing to investigate after U.S. Attorney Jeanine Pirro shifted the probe to the Fed's inspector general. Trump questioned the cost discrepancy, comparing it to his claim of completing the project for $25 million, while Federal Reserve Chair Jerome Powell faced scrutiny over management of the renovation costs.