Musk: DOGE 'absolutely should' review Fed spending on renovating its headquarters building
Musk said on Wednesday that he was considering sending his government efficiency team to the Federal Reserve, and said there may be waste when the Federal Reserve spends money to renovate its headquarters building. "At the end of the day, it's all taxpayer money, and I think we certainly-we absolutely should-see if the Fed really spent $2.5 billion on their interior designers," Musk said. As of 2022, the Fed's spending on renovating its headquarters over the years has ballooned to $2.5 billion, a figure the Fed attributes to rising building materials and labor costs since the project began in 2021, when inflation began to soar. "It's amazing," Musk said. (Jin Shi)
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