Fed Chair Powell Faces Allegations Over Renovation Plans Amid DOJ Subpoenas
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Fed Chair Powell Faces Allegations Over Renovation Plans Amid DOJ Subpoenas

Federal Housing Finance Agency Director Bill Pulte has alleged Federal Reserve Chair Jerome Powell lied about renovation plans during testimony, suggesting it could be grounds for removal. Powell stated project plans have evolved, with some earlier features no longer included. Pulte's claims, made without specific details, were referenced in a letter from Office of Management Director Russ Vought to Powell seeking renovation details.

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