Elon Musk has trained his cost-cutting eye on the Federal Reserve, questioning the central bank’s ongoing $2.5 billion headquarters renovation and suggesting it may be a prime target for scrutiny by the so-called Department of Government Efficiency,

As he exits his efforts to curtail wasteful government spending, Elon Musk tis taking one last shot, calling into question the $2.5 billion Federal Reserve building renovation. Musk's DOGE claims to have saved taxpayers $160 billion during its short operating life looking through the government's books.

Elon Musk suggested his cost-cutting government project DOGE should take a closer look at the Fed’s spending, especially the $2.5 billion it has spent to remodel its Washington, D.C., headquarters. Musk’s comments come as he is set to “significantly” cut back on his time at DOGE, in part to focus on his EV company, Tesla.