Chairman of the Board of Fannie Mae and Freddie Mac, Invoice Pulte, on Tuesday night mentioned two extra prison referrals associated to Fed’s multibillion greenback renovations had been issued.
Fed Chair Jerome Powell is beneath hearth for the price of renovating the Fed’s DC headquarters. The associated fee ballooned from $1.9 billion to $2.5 billion.
Invoice Pulte was on website to evaluation the continued renovations on the Fed’s headquarters in DC and he mentioned he solely noticed six building staff.
Pulte informed Fox Information host Laura Ingraham that the development staff had been tearing down marble and metal.
“I’ve been in building my entire life… however I’m going to this $2.5 billion Fed constructing they usually’re tearing down marble and metal? It doesn’t make sense. We’re going to resolve it,” Invoice Pulte informed Laura Ingraham.
WATCH:
“I’ve been in building my entire life… however I’m going to this $2.5B Fed constructing they usually’re tearing down marble and metal? It doesn’t make sense. We’re going to resolve it.”
—@Pulte on the weird rebuild of the Federal Reserve HQ. pic.twitter.com/kSM8NPOBl8— Laura Ingraham (@IngrahamAngle) July 23, 2025
Shortly after he appeared on Laura Ingraham’s present, Pulte mentioned: “We issued two extra prison referrals at present.”
Particulars in regards to the prison referrals weren’t instantly obtainable.
We issued two extra prison referrals at present.
— Pulte (@pulte) July 23, 2025
Jerome Powell has been criminally referred to the Justice Division for prosecution this week.
On Monday GOP Congresswoman Anna Paulina Luna despatched a letter to the DOJ accusing Powell of perjury.
“On June 25, 2025, Chairman Powell supplied testimony beneath oath earlier than the U.S. Senate Committee on Banking, Housing, and City Affairs relating to the renovation of the Federal Reserve’s Eccles Constructing. In his statements, he made a number of materially false claims,” Luna’s letter mentioned, based on Fox Information.
Rep. Luna mentioned Powell was mendacity about the price of the renovations.
“Individually, in a letter to the Workplace of Administration and Price range (OMB) Director Russell Vought, Chairman Powell characterised the adjustments that escalated the price of the challenge from $1.9 billion to $2.5 billion as minor. Nonetheless, paperwork reviewed by congressional investigators point out that the scope and value overruns of this challenge had been neither minor in nature nor in substance,” Luna wrote.
