Jeff Bezo's Amazon HQ2 is a 'money losing investment for taxpayers,' warns top Fed official

Jeff Bezo's Amazon HQ2 is a 'money losing investment for taxpayers,' warns top Fed official

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/02/amazon-hq2-is-money-losing-for-taxpayers-ex-treasury-official.html

The city Amazon ultimately chooses for its $5 billion, 50,000-worker second headquarters may end up paying too high of a price compared to the economic benefit that the project would bring, said Neel Kashkari, a top official at the Treasury Department during the 2008 financial crisis.

Kashkari, currently president of the Federal Reserve of Minneapolis, told CNBC on Friday he was thrilled when he learned his city was not among the 20 Amazon HQ2 finalists.