federal reserve

$3B for the Fed’s HQ: Gold faucets, or just government reality?

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Previously: The Last Interest King The Federal Reserve can fund its own building projects without asking Congress each year. A $3B HQ renovation sounds obscene—but historic DC buildings with security hardening and full system overhauls are how you get there. Trump’s lawsuit threat is heat about process/cost, not a lever to force rate cuts. Full … Read more

🪙 The Last Interest King: Why Trump Still Hasn’t Fired Jerome Powell

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He survived one Trump presidency. Can he survive another? Update: January 2026 — Reports say the U.S. Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell, as Donald Trump’s White House escalates its campaign against the central bank’s independence. In a video posted Sunday, the typically reticent Powell took the … Read more