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The Federal Reserve just got the surprise inspection of the century. This explosive segment from Gary Franchi’s RAW FEED on the Next News Network captures the moment President Trump stormed into Jerome Powell’s $3.1 billion palace renovation like a construction foreman catching contractors red-handed. When Powell tried blocking White House staff from visiting, Trump decided to show up personally with cameras rolling. What happened next has gone completely viral.
Standing amid marble halls and gold-plated fixtures, Trump confronted Powell about the massive cost overruns. The renovation budget ballooned from $2.7 billion to $3.1 billion—that’s $900 million over budget while the Fed loses $100 billion annually. When a reporter asked what Trump would do with a project manager this incompetent, his response was instant: “Generally speaking, what would I do? I’d FIRE him!”
The tension was palpable as Trump toured the construction site with Powell nervously explaining the delays. “It’s gonna be a real long time because it looks like it’s got a long way to go,” Trump observed, his construction expertise showing. The project won’t be finished until 2027, meaning years more of taxpayer money hemorrhaging into Powell’s palace while Americans struggle with inflation.
Eric Trump didn’t hold back, posting: “I’ll finish the Federal Reserve renovation—there wouldn’t be a penny of waste. $900 million over budget is a disgrace.” The contrast between Trump’s business efficiency and government waste couldn’t be clearer. This is what happens when bureaucrats spend other people’s money versus when builders spend their own.
Scott Bessent raised the critical question: “Was it a good idea to start renovations for an enterprise that’s losing $100 billion a year?” He called for an internal Fed review, noting these activities endanger the Fed’s independence. The Fed prints money yet claims they need a “little reserve” for construction overruns—Powell’s own words that expose the absurdity.
The most viral moment came when Trump literally slapped Powell on the back and said, “I’d love him to lower interest rates!” The physical contact, the directness, the complete lack of deference to the Fed chair—this is why Trump connects with Americans fed up with elite corruption. Powell stood there absorbing the criticism, unable to defend the indefensible.
Trump brought an army of officials including Senator Tim Scott, Senator Tom Tillis, OMB Director Russ Vought, and construction professionals. The message was clear: the adults are supervising now. Powell’s attempt to hide the renovation disaster failed spectacularly. Transparency won, secrecy lost.
The timing is perfect. While Powell wastes billions on marble and gold, American families can’t afford groceries. While the Fed loses $100 billion yearly due to bond portfolio mismanagement, they’re spending $3.1 billion on office renovations. This isn’t just waste—it’s an insult to every taxpayer funding this palace while their purchasing power evaporates through inflation.
The Fed’s independence has become independence from accountability. They print money, devalue your savings, then spend billions renovating their headquarters. Trump’s surprise inspection exposed what they desperately wanted hidden: your money funding their luxury while you suffer their policies.
Gary Franchi asks the question millions are thinking: How is Powell still employed? When private sector project managers go $900 million over budget, they’re fired immediately. When Fed chairs do it, they keep printing money to cover mistakes. This double standard ends when leaders like Trump demand accountability in person, on camera, for all to see.
If you’re tired of unelected bureaucrats wasting your money while destroying your purchasing power, support media that exposes their corruption. Visit https://www.givesendgo.com/Keep-Next-News-Alive or donate via PayPal at https://www.paypal.com/donate?campaign_id=BAC78BHT6NPU6. Help us hold them accountable. Become a member at https://www.youtube.com/channel/UCLoNQH9RCndfUGOb2f7E1Ew/join for exclusive perks and special acknowledgment. Together, we’ll expose every dollar they waste.
This isn’t just about construction costs. It’s about who controls America’s money and whether they answer to you. Trump’s confrontation with Powell represents every American who’s watched their savings evaporate while Fed officials live like kings. The master builder just inspected their palace, and the verdict is clear: heads should roll. Gary Franchi and the Next News Network will keep exposing the Fed’s failures until accountability returns.
Catch the whole RAW FEED live stream at https://youtu.be/CBzAolWipWg
