There is no “tension” with Powell, Trump insists on the embarrassing federal reserve tour

Photo of author

By [email protected]


President Donald Trump insisted that there is no “tension” between him and Federal Reserve Chairman Jerome Powell During their Thursday meeting at the Federal Reserve headquarters, despite a tense exchange on the camera and questions – which were asked in the presence of Powell – about whether Trump intends to launch it.

Trump has been in a general cruciate campaign against Powell in recent weeks. Trump was angry at Powell to fail to reduce interest rates, and to bomb President Powell because of his frequent failure, pointing to his rapid movement to raise prices during the era of former President Joe Biden.

Trump also bombed Powell, in conjunction with his complaints about Infinite prices, During renewal of billions of dollars at the DC headquarters in the Federal Reserve, which Trump described as “luxurious” while losing it on Thursday during his visit alongside Senator Tim Scott, RS.C.

“I thought we had a good meeting. I am really, no, there was no tension,” Trump told reporters when asked how to describe his talks on Thursday.

A look at the battle that reveals between Trump and Powell on the federal reserve policy

Trump with Powell

Federal Reserve Chairman Jerome Powell looks at President Donald Trump with confusion after he said that the renovations of the new Federal Reserve headquarters will cost up to 3.1 billion dollars. (Associated Press / Associated Press)

“We have a sincere and frank conversation about some of the abuses in this building,” Skout said. “We had in my banking committee, and (Powell) said that we were wrong. It turned out that we were right. Thank God President Trump and his team took enough time to search in some details.”

Trump’s comments that “there is no tension” between him and Powell, followed a embarrassing moment between the spouses who occurred on the camera while they were touring New renovations. Trump announced that the “luxury” renovations that he eventually criticized cost about $ 3.1 billion, with an increase in previous estimates of about $ 2.7 billion.

“We are taking a look, and it seems that it is more than $ 3.1 billion – it has risen slightly, or a lot,” Trump told reporters during one of the headquarters by the Federal Reserve, along with Powell while they were touring the building. “Therefore, $ 2.7 billion is now $ 3.1 billion.”

Powell shook his head as Trump spoke, and at one time, the Federal Reserve Chairman looked sharply to the president with a look of confusion.

Good economic data is bad news to pay the interest rate in Trump

“I am not aware of this, Mr. President,” Powell enter. “I haven’t heard that from anyone at the Federal Reserve.”

“He just went out,” Trump turned to Powell and returned when he took out a piece of paper from the breast pocket in his sports coat and handed him over to Powell. Senator Scott agreed that he heard that the total was $ 3.1 billion.

Federal Reserve headquarters with construction abroad

Building on the Marriner S. Eccles Federral Reserve in Washington, DC, July 14, 2025. (Al Drao / Bloomberg via Getty Images / Getty Images)

“This came from (Federal Reserve)?” Powell asked, and Trump confirmed this. Next, for a few seconds embarrassing, Powell read the letter before Trump told that the largest number includes already completed renovations.

“Are you including Martin’s renewal?” He asked Powell. “I just added in a third building what this is. This is a third building … it’s not new.”

Trump compares speaking to Powell to “Speak to a Chair” while promoting his economic expectations

“It is part of public work,” Trump added before the question of the interrogation.

In addition to the clash due to the cost of renovations, journalists – Trump – in front of Powell – interrogated whether he was, as a private citizen, the project manager who left the renewal costs will be expelled.

A man is walking by the Federal Reserve

A man wearing a mask walking through the American Federal Reserve in Washington, DC, April 29, 2020. (XINHUA / LIU Jie via Getty Images / Getty Images)

Get Fox Business on the Go by clicking here

Trump replied, “I will shoot him.” When asked if he had seen a reason for Powell, Trump and then retreated.

“I am really here with the president,” Trump said. “He shows us around us, and he shows us work. Thus, I don’t want to get it,” Trump said. “I don’t want to be personally. I would just like to see her finished.”



https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/07/0/0/trump_powell_meeting_no_tension.jpg?ve=1&tl=1

Source link

Leave a Comment