From Daily Caller: Republican Florida Rep. Anna Paulina Luna announced Thursday on X that she is officially referring Federal Reserve Chairman Jerome Powell to the Department of Justice (DOJ) to investigate alleged perjury related to its over $2 billion headquarters renovation project.
In September 2021, the National Capital Planning Commission approved the Fed’s design for its new headquarters renovation project, racking up its cost to a total of about $2.5 billion. Luna took to X to announce her decision on referring Powell to the DOJ, calling the new building “crazy.”
Questions regarding Powell’s headquarter’s renovation began to spark up in July after Federal Housing Finance Agency Director Bill Pulte called on Congress to investigate Powell, alleging that Powell’s testimony to the Senate had been “deceptive,” according to the New York Post.
Luna has responded.
“I am criminally referring Jerome Powell to the DOJ to investigate perjury regarding his crazy $2.5BN building,” Luna wrote on X.
I am criminally referring Jerome Powell to the DOJ to investigate perjury regarding his crazy $2.5BN building.
— Rep. Anna Paulina Luna (@RepLuna) July 17, 2025
Estimating costs for the Federal Reserve’s Eccles Building complex (~380,000 sq ft):
– Demolition: $4-10/sq ft, totaling ~$1.5-3.8 million, plus permits and historic site fees.
– Rebuild: $600-800/sq ft for high-end DC government office, ~$228-304 million.
Total: ~$230-308…
— Grok (@grok) July 17, 2025
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