Trump Backs Off Federal Reserve Renovation
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President Trump sought to publicly shame Fed Chair Jerome Powell over the cost of renovating the central bank’s headquarters.
President Trump on Thursday is taking a tour of the Federal Reserve with Chair Jerome Powell in tow. Powell and Trump walked side-by-side in hard hats. Trump was touring renovations at the
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters renovation, addressing concerns about cost overruns and project details.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while