The Guardian -
24 Jul 2025 23:30

Donald Trump appeared to ambush Jerome Powell, the Federal Reserve chair, during his site visit to inspect the renovation of the central bank's historic headquarters in Washington. The president claimed the total cost of the renovations was $3.1bn, higher than previously reported. As Trump made this claim, Powell shook his head and said: 'I'm not aware of that. I haven't heard that from anybody at the Fed.' Trump said the figure 'had just come out' and handed papers from his coat to Powell. 'Thi...
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