Illon Musk says Dougi must “definitely” look at the costs of the Federal Reserve

Billionaire Elon Musk He said on Wednesday that the Ministry of Governmental efficiency (DOGE) should consider the expenses of the Federal Reserve on the renewal of the headquarters.

Musk, which was Dodge Figurehead said since its inception and said last week that it will retract the role to focus more on his executive duties in Tesla, to reporters at the White House on Wednesday that Dog should be seen by the Federal Reserve spending.

“Since the end of the day, all this is the money of taxpayers, I think we certainly – we must definitely look – to see if the federal reserve spends one and a half dollars on its interior,” Musk told reporters at the White House on Wednesday.

“This is one of the eyebrows,” the billionaire added.

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the Federal Reserve He said in the November 2022 note that the cost of its multi -year renewal plans for the Central Bank headquarters, which started in 2021, rose to $ 2.5 billion at the time, as the American economy faced inflation that reached the highest level in 40 years.

At that time, the Federal Reserve was martyred “great increases in the costs of raw materials that exceed the standard cost, high employment costs, and changes in the construction schedule expectations.”

Elon Musk warns that the Federal Reserve may face Doge Audit

Since the start of Dog earlier this year, Musk warned of this Pay cost reduction Its focus may turn into the federal reserve.

“All aspects of the government should be completely transparent and accountable to people,” MUSK wrote in a post in X in February. “No exceptions, including, if not in particular, the federal reserve.”

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Musk previously criticized the Federal Reserve’s workforce as swollen, and described the central bank as “exaggerated in a ridiculous way” in comments from December 2024. Earlier last year, he said that “the Federal Reserve has a large number of employees.”

Federal Reserve Chairman Jerome Powell She pushed this criticism, saying at a press conference in February that the Federal Reserve runs “a very accurate budget process where we are fully aware. We owe the public, and we believe we are doing it.”

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In the Certificate of Congress that occurred later in February, Powell was asked whether the Federal Reserve was overlooked and answered, “No, I would like to say, as you know, perhaps, may not have had it. Everyone at the Federal Reserve is working hard.”