And here's where we're landing. The Eccles in 1951 building, the one that you see when you drive down Pennsylvania Avenue, the iconic picture of the Fed building. That total The renovation cost of the three buildings is now approaching $3.1 to $3.2 billion. The cost overrun, Madam President, is more than the entire cost to build city center. Think about that for a second. On a renovation, the chairman of the Federal Reserve clearly, one of two things is happening. (03:20–03:24)
CLAIM
Asserts that the renovation cost for three Federal Reserve buildings has increased to $3.1 to $3.2 billion.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
