What a shock, right, Trump's attacks on Powell's extravagance turn out to be completely hypocritical, including when you consider that he redecorated the Oval Orifice in gold leaf

 

Trump appointees pushed more marble in Fed building renovation White House now attacks

 

... As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term, it faced concerns in 2020 during a vetting process involving Trump appointees, who called for more “white Georgia marble” for the facade of building.

 

The Fed’s architects said the central bank had wanted glass walls to reflect the Fed as a transparent institution, but three Trump appointees to a local commission felt marble best fit the building’s historic character. Marble was added as a result, according to the minutes of the Commission of Fine Arts, which advises the federal government on architecture. ... 

Russ Vought, Trump’s top budget adviser, cited “premium marble” in a letter to Powell last week as an example of the “ostentatious overhaul.” ... 

Trump issued [an] executive order in December 2020, which criticized modernist architecture and expressed a preference for “beautiful” classical buildings with more [costly] traditional designs. ...

This dope who works for Trump can barely speak English, is just looking for any way he can to oust Fed Chair Jay Powell

These people make me sick.

 

The renovations were approved in 2021 and won't be finished until long after Powell leaves next May. 

 

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

It's an investigation with a pre-drawn conclusion, that's all.

... “When you go to the nation’s mall, you see the construction of this palace ... upwards of $2.5 billion massive cost overrun, and we want to make sure we have facts as to the largesse and the extent to which it’s overrun,” Vought said during a “Squawk Box” interview. “I think it just points to the fundamental mismanagement of the Fed under the chairman.” ... 

″The problem with Chairman Powell is he has been late at every turn,” Vought said. “It’s time to lower rates. You have a problem there. But again, this is about the largesse and the fact that he has systemically mismanaged the Fed, and that is evident by what we’re seeing with regard to this monstrosity, this Palace of Versailles, on the National Mall.” ... 

“This certainly has to do with the fiscal mismanagement of the Fed, of which [interest rates] is one aspect of it,” he said. “We are going to zoom in over the last several days on this. We have new commissioners at the National Capital Planning Commission who are asking very tough questions.” ...

Ron Insana: Why Trump’s new attack on Powell should be so troubling to investors

... If I were a foreign investor witnessing the ouster of a Fed chair, replaced by a presidential supplicant, I’d sell the dollar and U.S. bonds and head for the hills. Let’s hope it doesn’t come to that.