White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

Your testimony raises serious questions about the project’s compliance with the National Capital Planning Act, which requires that projects like the Fed headquarters renovation be approved by the National Capital Planning Commission,” Vought wrote.

“The plans for this project called for rooftop terrace gardens, VIP private dining rooms and elevators, water features, premium marble, and much more,” he wrote.

But Powell, in his testimony, said, “There’s no VIP dining room. There’s no new marble. There are no special elevators. There are no new water features. There’s no beehives and there’s no roof terrace gardens,” Vought wrote.

“Although minor deviations from approved plans may be inevitable, your testimony appears to reveal that the project is out of compliance with the approved plan with regard to major design elements,” Vought wrote.

....ummmmmmmm, am I reading this correct?

"You're spending too much money! It says there are supposed to be all these crazy expensive things being built!"

"There aren't any of those cartoonishly expensive things being built"

"Ah-HA! GOT YA! The plans say they NEED to have those cartoonishly expensive things! You're out of line here!"

...like wtf did I just read?

So would it be safe to say that everyone should pull their money out of the stock market before Powell's term is up? Its a good bet that whoever replaces him will just be a yes-man, and things will crash.