London.- In July, Jerome Powell, Chairman of the Federal Reserve of the United States, sent a letter to the Senate with information about the renovation plan for the central bank’s headquarters, the cost of which is estimated at 2.5 billion dollars, according to the ‘Financial Times’. The newspaper notes that the existence of this document could weaken the accusations from Donald Trump’s administration, which is investigating him for allegedly misleading the United States Congress about the scale and cost of the works.
Powell sent details of the Federal Reserve reform to the Senate in July, according to the «Financial Times».
