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Home World USA

Powell Corrects Trump on Cost of Fed Renovations

24 July 2025
in USA
Powell Corrects Trump on Cost of Fed Renovations
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During a tour of the Federal Reserve’s headquarters, President Trump and Fed Chair Jerome H. Powell engaged in a discussion regarding the escalating costs of renovations, with Trump stating the figure has risen to $3.1 billion, a claim Powell disputed. Despite the debate, Trump expressed a desire for collaboration to complete the renovation project, emphasizing a positive meeting atmosphere.

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Tags: Banking and FinancecorrectscostDonald TrumpFedFederal ReserveJerome PowellPowellrenovationsRestoration and RenovationTrumpus politics
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