\n<\/p>\n
new video loaded: Fed Chair Responds to Inquiry on Building Renovations<\/p>\n
transcript<\/p>\n
Back<\/span><\/p>\n transcript<\/p>\n \u201cThis new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions, or whether instead, monetary policy will be directed by political pressure or intimidation.\u201d \u201cWell, thank you very much. We\u2019re looking at the construction. Thank you.\u201d<\/p>\n Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve chair, lied to Congress about the scope of renovations of the central bank\u2019s buildings. He called the probe \u201cunprecedented\u201d in a rare video message.<\/span><\/p>\n By Nailah Morgan<\/p>\n January 12, 2026<\/p>\n","protected":false},"excerpt":{"rendered":" new video loaded: Fed Chair Responds to Inquiry on Building Renovations transcript Back transcript Fed Chair Responds to Inquiry on Building Renovations Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve chair, lied to Congress about the scope of renovations of the central bank\u2019s buildings. He called the probe \u201cunprecedented\u201d in<\/p>\n","protected":false},"author":1,"featured_media":41342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1069,2431,4437,357,5153,2379],"class_list":{"0":"post-41341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crime-justice","8":"tag-building","9":"tag-chair","10":"tag-fed","11":"tag-inquiry","12":"tag-renovations","13":"tag-responds"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/41341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41341"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/41341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/41342"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed Chair Responds to Inquiry on Building Renovations<\/h2>\n
Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve chair, lied to Congress about the scope of renovations of the central bank\u2019s buildings. He called the probe \u201cunprecedented\u201d in a rare video message.<\/h4>\n