White House claims Powell mismanaged the Fed, pointing to renovations.
The White House budget director has voiced criticisms against President Trump’s Federal Reserve Chairman, Jerome Powell, regarding how the central bank’s renovation budgets are being handled. In a letter to Powell, Vought expressed deep concern over the extensive renovations taking place at the Fed headquarters in Washington, DC. He mentioned that the costs could reach […]
Vought criticizes Fed Chair Powell for poorly handling expensive renovations.
Federal Reserve’s Renovation Under Fire In an effort to rein in spending, Russell Vought, who oversees budgeting, has targeted the Federal Reserve. Vought recently met with Chairman Jerome Powell regarding the Fed’s extravagant renovation project for its Washington, DC headquarters. The cost has ballooned to about $2.5 billion, which is roughly $700 million over the […]
Impressive Brooklyn mansion goes on the market for $12.49M following renovations
Historic Brooklyn Mansion Lists for $12.49 Million A classic 22-room home in Prospect Park South has hit the market for $12.49 million, making it the priciest listing in Brooklyn’s Bucklyn area. This unique residence, once described as a “colonial revival of steroids,” has undergone significant renovations, bringing it back to life after a period of […]
Visitors flock to Paris’s Pompidou Centre before it closes for renovations | Paris
Tourists and French visitors last got a glimpse of their prestigious art collection before filling Paris's groundbreaking Pompidou Centre over the weekend and closing for a massive renovation for five years. “Five Years – Long!” When people around her took many photos of the museum's permanent works, one guide, Elisa Helvelin, cried out that she […]
Gurney’s Montauk reopens following renovations, prepares to launch new restaurant
Gurney's Montauk Resort and Seawater Spa resumed this week despite reports that the owner BLDG management skipped payments on a $217 million loan. A spokesman accused of missing out on the initial reported payment Real dealfor subsequently resolved management errors. A representative told Side Dish that the loan will be extended under new terms and […]
Druggies take over NJ park after costly renovations — but one homeless man is fighting back
A newly renovated park in Paterson, New Jersey is once again overrun with drug addicts, vagrants, prostitutes and trash dumpers, but one homeless man is fighting back. Roberto Clemente Park, a 12-acre site in one of Silk City's roughest areas, stood out as a symbol of urban blight when Rolando Vásquez first came here five […]
Fire at Istanbul Nightclub During Renovations Kills at Least 29 People
ISTANBUL (AP) — A fire broke out Tuesday at an Istanbul nightclub under renovation, killing at least 29 people, officials and media reports said. Several people, including the club’s manager, were detained for questioning. The Istanbul governor’s office said in a statement that at least one person was being treated at a hospital. The Masquerade […]