Trump Clashes with Fed Chair Powell Over $3 Billion Renovation Costs
Tension Builds During Tour of Renovation Site
During a Thursday visit to the Federal Reserve’s ongoing renovation site, former President Donald Trump publicly criticized Fed Chair Jerome Powell over the project’s escalating costs. Trump claimed the renovation cost had ballooned to $3.1 billion, sharply contradicting the Fed’s $2.5 billion estimate.
As Trump aired his concerns, Powell, standing beside him, shook his head and responded, “I haven’t heard that from anybody at the Fed.”
A Surprising Document and Misunderstanding
Trump then pulled a document from his pocket and handed it to Powell.