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‘Gross incompetence or theft’: Trump blasts Fed Reserve over $4 billion renovation

visibility comment0 event February 2, 2026 timer 22:35

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US President Donald Trump has blasted the Federal Reserve over a $4 billion renovation.

“You’re doing a small renovation, and they’ve spent almost $4 billion doing a small renovation,” President Trump said.

“I don’t even see an end in sight.

“It’s either gross incompetence, or it’s theft of some kind or kickbacks.”

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