The Trump administration says the president's visit to the Federal Reserve was to check the "progress" of a renovation -- and separate from his frustration that Powell won’t lower interest rates.

President DONALD TRUMP toured the Federal Reserve campus today alongside the man he nominated as Fed chair in 2017 and now calls a “numbskull.”

“I’d love him to lower interest rates,” Trump said as he wrapped up the tour, as Powell stood by, his face expressionless.