Trump’s case against Fed chair Powell
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President Trump is used to world leaders bowing down to him, and to cabinet members fawning over him. Jerome H. Powell, the chair of the Federal Reserve, took a different approach.
President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, telling reporters that costs to renovate the Fed’s buildings were exorbitant. Powell shook his head at times during the president’s remarks.
President Donald Trump on Thursday visited the Federal Reserve building to tour its renovations as he pushes the agency to cut interest rates. Trump was joined by Federal Reserve Chairman Jerome Powell and stood in the middle of the ongoing renovations during a press conference.