LIVE: Trump Visits Federal Reserve, Accuses Powell of Cost Overruns | Firstpost America | N18G
Welcome to Firstpost America.US President Donald Trump publicly clashed with Federal Reserve Chair Jerome Powell during a rare visit to the Fed's Washington headquarters. The two disagreed over the rising costs of a renovation project, with Trump claiming the figure had risen to $3.1 billion. Powell disputed that, saying the number included a previously completed building. Trump has criticised Powell over interest rates and hinted at his removal, though he has stopped short of confirming it. The visit comes amid Trump's repeated calls for rate cuts and follows reports that the Fed is likely to hold rates steady at its meeting next week.
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