The Office of Management and Budget Director Russell Vought is planning on conducting a site visit of the Federal Reserve Headquarters to inspect the controversial $2.5 billion renovation project that has spiraled drastically over budget.

“We have substantial concerns with how he’s [Fed Chair Jerome Powell] managed the Fed, not just from an interest rate policy but with regard to cost overruns. And that’s something we’re looking at in conjunction with the National Capitol Planning Commission which has new fantastic members. We’re trying to get a site visit right now and get over there,” Vought told reporters outside the White House on Thursday.

“I want to walk around the building with the other members and get a sense for why the overrun is happening. There are inconsistencies between the plan that was submitted to the commission originally, and the statements the chairman made before the financial services committee,” he added.

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