Lashing Out at Ballroom Lawsuit, Trump Highlights Fed Renovations -- Market Talk

Dow Jones

Apr 01

1731 ET - President Trump once again criticized the Fed's expensive headquarters renovation project, arguing that the central bank's over-budget renovation compares unfavorably with Trump's White House ballroom-construction effort, subject of a lawsuit from a preservation group. "The National Trust for Historic Preservation sues me for a Ballroom that is under budget," Trump posts on social media. "Yet, The National Trust for Historic Preservation, a Radical Left Group of Lunatics whose funding was stopped by Congress in 2005, is not suing the Federal Reserve for a Building which has been decimated and destroyed, inside and out, by an incompetent and possibly corrupt Fed Chairman." Republican pushback against a criminal investigation over the Fed project threatens to delay confirmation of Trump's pick, Kevin Warsh, to serve as the Fed's next chair. (matt.grossman@wsj.com; @mattgrossman)

(END) Dow Jones Newswires

March 31, 2026 17:31 ET (21:31 GMT)

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