Trump Visits Federal Reserve & Bickers With Powell

WASHINGTON (AP) — President Donald Trump and Federal Reserve Chair Jerome Powell bickeredface to face over the cost of the Fed’s renovations as the president visited the construction site. Trump claims the project costs $3.1 billion, while the Fed estimates it at $2.5 billion. The disagreement surfaced during a tour of the unfinished project on Thursday. Trump, a former real estate developer, joked about firing someone for such cost overruns. He also suggested he might back off Powell if interest rates were lowered. The renovation has become a point of contention, with Trump using it as a potential reason to push for Powell’s removal, though he recently stated he has no plans to do so.