Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation
Powell sent senators details on $2.5bn Fed project following testimony
Recent Posts
- Haircut for taxpayers after lenders take control of struggling broadband provider
- Fed officials sparred over response to energy surge caused by Iran war
- Middle East ceasefire under pressure over Israeli strikes on Lebanon
- Billionaire son of ‘world’s richest banker’ challenges $35mn legal fees
- Meta releases first AI model since Zuckerberg’s spending spree
