President Donald Trump is visiting the Federal Reserve headquarters in Washington, a week after indicating that Fed chair Jerome Powell’s handling of an extensive renovation project on two Fed buildings could be grounds for firing.

President Trump is visiting the Federal Reserve on Thursday afternoon as tensions rise over Fed chair Jerome Powell’s refusal to lower interest rates and his request for funds to renovate the property that house the nation’s central bank.

President Trump's visit to the Fed is the latest development in his long-running fight with Fed Chair Powell that has focused on interest rates