Trump and Powell in Fed bust-up
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A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
President Donald Trump visited the Federal Reserve, emphasizing his desire for lower interest rates while criticizing the expensive renovation of its headquarters. Tensions with Fed Chair Jerome Powell highlight ongoing disputes over monetary policy and project costs,
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while