fromFortune
16 hours agoHere's how the Fed's Renovation budget ballooned to $2.5 billion
The Federal Reserve's long-planned renovation of its Washington, D.C. headquarters has turned into a $2.5 billion political flashpoint. Initially estimated at $1.9 billion in 2021, the cost of overhauling the Fed's historic Marriner S. Eccles Building and its adjacent Federal Reserve East Building has jumped by over 30%.
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