Powell pushes back on Trump’s assertion about Fed renovations
Jul 25, 2025 - 00:00
0

Federal Reserve Chair Jerome Powell pushed back on President Trump’s cost estimate of renovations at the central bank’s headquarters during a tour of the site on Thursday. “It looks like it’s about $3.1 billion. Went up a little bit, or a lot,” Trump said, asserting the cost of the renovation had increased from the previously…