Trump bickers with Powell over Fed renovation costs

Published: 7/25/2025
Trump bickers with Powell over Fed renovation costs
In a public clash, President Trump disputes Federal Reserve Chair Powell over the cost of the central bank's building renovations, hinting at disagreements over interest rates. Trump's visit to the Fed, the first by a sitting president in years, sparks heated debate as Trump questions project cost overruns. Legal experts suggest construction issues don't justify Powell's removal, echoing concerns of political pressure on the bank. Despite tensions, Powell remains focused on stabilizing the economy while Trump advocates for lower interest rates amid economic uncertainties.