Powell Corrects Trump on Renovation Costs During Fed Visit
During a tour of the Fed's headquarters, Fed Chair Jerome Powell publicly corrected President Trump on the renovation costs, disputing Trump's claim that the project had ballooned to $3.1 billion, and clarifying that the figure included a separate, completed building. The exchange highlighted ongoing tensions between Trump and Powell, with the president criticizing the Fed's spending and hinting at potential removal, while some officials defended Powell's performance.