Trump insists 'no tension' with Powell
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President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell.
President Donald Trump swung by the Federal Reserve on Thursday to highlight the hefty price tag of the building’s ongoing renovation as a means to pressure Fed Chair Jerome Powell. But in a remarkable moment, Trump cited falsely inflated figures for the renovation — and got immediately called out for it.
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The New Republic on MSNJerome Powell Calls BS to Trump’s Face as He Spouts Made-Up NumbersThe Federal Reserve chair fact-checked Donald Trump in real time as the president tries to come up with a reason to fire him.
Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.
President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.
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Trump lambasted the Fed for its $2.5 billion renovation of its headquarters and another building ahead of a tour of the site.
2hon MSN
Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome Powell, but reiterated that he's uncertain about "what the legal parameters are" if the president fires him .
Azoria Capital is “proud” to sue Powell over secret FOMC sessions. The Miami business claims the Fed is breaching the Sunshine Act.