Elon Musk says DOGE should take a look at Fed

• Elon Musk He suggested that his government reduction project DOGE should take a look at the FED’s spending, especially $ 2.5 billion he spent to remodel his Washington DC headquarters. Musk’s comments arrive as it dropped to DOGE in part to focus on your EV company Tesla.

Elon Musk’s Doo has already become more cuts to the departments Through the executive branch, but the independent federal reserve could be considered as its next goal.

The CEO of Tesla and Trump’s adviser said that his federal cost cutters should take a closer look at the Central Bank, citing the substantial cost of his renewal of the Washington DC headquarters as a possible source of waste.

“Because at the end of the day, this is taxpayers’ money, I think that certainly, we should definitely see if the Federal Reserve spends two billion dollars on its interior designer,” Musk told journalists in the White House, Bloomberg informed.

From 2022, the FED’s remodeling price had increased to $ 2.5 billion from an original budget of $ 1.9 billion. The redesign at the Fed headquarters in the Avenue Constitution began in 2021 and is intended to consolidate most of its staff in a space, as well as improve the technologyEnergy efficiency and compliance with construction codes.

However, Musk on Wednesday criticized the high construction price.

“I mean, what does he get for $ 2.5 billion in redecoration? Must be incredible”, he he saidaccording to CNBC.

In view of the bad performance of Tesla Stock In recent months, Musk last month has committed itself to DOGE, “significantly” from May.

The FED generally does not receive a taxpayer fund, as it is self -financed by the interest of its balance sheet values ​​and banks. For years, the FED returned the funds after covering its operating costs to the treasury, but in recent years the FED has had a deficit due to an increase in payments of interest, Bloomberg reported.

However, the documents presented to the National Capital Planning Commission notice the FED headquarters, which houses not only staff, but also important information on the banks it regulates, was in poor condition.

“Although there have been modifications and periodic reforms of the building during its 80 years of history, many of the construction systems are at the end of its useful life, and the building no longer fully serves the needs of the Council,” according to documents, according to documents. CNBC.

Recent Musk comments over the FED occur when Trump has increased his rhetoric against Fed President Jerome Powell, and repeatedly requested that the Central Bank reduce interest rates.

Before clarifying that he had “No intent” Firing Powell, Trump suggested that the Fed President could dismiss if he wants and said his completion “Can’t get fast enough.” On Tuesday, Trump suggested that he knew more than Powell about interest rates.

“You are not supposed to criticize the Fed,” Trump he said. “You are supposed to let him do his things, but I know much more about interest rates.”

This story originally presented to Fortune.com