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Started By
Message
Trump Federal Housing Director has Requested a Tour of the Fed Renovations costing $2.5B
Posted on 7/16/25 at 2:01 pm
Posted on 7/16/25 at 2:01 pm
This post was edited on 7/16/25 at 2:02 pm
6
Posted on 7/16/25 at 2:03 pm to Major Dutch Schaefer
2.5 billion builds you a small refinery, LNG plant, Power plant, chemical plant.
Not a renovation.
Someone needs to dig into.
Not a renovation.
Someone needs to dig into.
Posted on 7/16/25 at 2:03 pm to Major Dutch Schaefer
RIP John Barron
Posted on 7/16/25 at 2:04 pm to Major Dutch Schaefer
This will be the catalyst to boot him. Watch.
Posted on 7/16/25 at 2:17 pm to Major Dutch Schaefer
Heard it had a roof top bar.....any truth to that??
Posted on 7/16/25 at 2:20 pm to Major Dutch Schaefer
I’m gonna be slow to judge this because of the insane cost for cyber security, counterterrorism measures, technology etc. that the FBI building probably has built into it
Posted on 7/16/25 at 2:28 pm to LSU Tiger Bob
quote:
Heard it had a roof top bar.....any truth to that??
From my understanding it is a rooftop park (which may include a bar). Guess they don't want to mingle with the peasants.
Posted on 7/16/25 at 2:33 pm to Old Sarge
quote:
I’m gonna be slow to judge this because of the insane cost for cyber security, counterterrorism measures, technology etc. that the FBI building probably has built into it
FBI building?
This is in reference to the Fed Reserve buildings aka Marriner S. Eccles Building and Federal Reserve Board-East building.
Posted on 7/16/25 at 2:34 pm to SpartanSoul
quote:
From my understanding it is a rooftop park (which may include a bar). Guess they don't want to mingle with the peasants.
I bet it will also have to do with “climate change”
Posted on 7/16/25 at 2:42 pm to Major Dutch Schaefer
The construction project plans for renovating the Federal Reserve's HQ were adopted in 2017 under Fed Chair Janet Yellen and President Donald J. Trump.
Posted on 7/16/25 at 2:43 pm to SpartanSoul
quote:
From my understanding it is a rooftop park (which may include a bar). Guess they don't want to mingle with the peasants.
Gotta keep them away from O'Keefe and the like.
Posted on 7/16/25 at 2:44 pm to LSURussian
quote:
The construction project plans for renovating the Federal Reserve's HQ were adopted in 2017 under Fed Chair Janet Yellen and President Donald J. Trump.
news like this isn't even surprising anymore. 
Posted on 7/16/25 at 2:46 pm to idlewatcher
quote:
This will be the catalyst to boot him
boss has an old saying
"nobody here gets fired for bad performance. They get fired for bad expense reports"
GREAT perspective.
Posted on 7/16/25 at 2:46 pm to LSURussian
Oops. What was the budget approved back then? Since he's focused on the cost, that's where we need to look for the best hypocrisy.
Posted on 7/16/25 at 2:54 pm to GRTiger
Originally $1.9 billion which is still too much but a 32% overrun on top is ridiculous.
Plus the nature of the upgrades:
https://finance.yahoo.com/news/fed-chair-jerome-powell-spending-175945584.html
Plus the nature of the upgrades:
quote:
According to planning documents, the upgrades extend far beyond basic repairs or security enhancements, and explicitly include all of the outlined features. The documents explicitly include rooftop terraces designed to attract urban wildlife, custom elevators opening directly into private dining suites, extensive white marble finishes, new water features, and a private art collection.
https://finance.yahoo.com/news/fed-chair-jerome-powell-spending-175945584.html
Posted on 7/16/25 at 3:05 pm to SpartanSoul
quote:
Originally $1.9 billion
Oh man. Still too high for Trump to get on a high horse.
Of course frick Powell so whatever theater they use is ok by me to that end.
Posted on 7/16/25 at 3:08 pm to SpartanSoul
quote:
and a private art collection
Posted on 7/16/25 at 3:16 pm to GRTiger
quote:$1.9 billion.
What was the budget approved back then?
The cost increases resulted from construction being halted during the worst of the COVID shut downs and the resulting increases in labor and materials costs post-Covid.
They also discovered widespread asbestos and toxic lead based paint during the demolition of the existing buildings which were built in the 1930's.
The poisons from the lead paint had seeped into the soil under the building which required excavating and disposing of that contaminated soil and replacing it.
All of those were not planned for in the original cost.
This post was edited on 7/16/25 at 3:38 pm
Posted on 7/16/25 at 3:18 pm to LSURussian
It's almost like you were part of the project.
Posted on 7/16/25 at 3:18 pm to SpartanSoul
AH, got you, I misread and thought it was the FBI building where I could actually understand that there might be some insane costs involved
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