Trump rages at Fed’s pricey renovation during HQ tour: ‘I would fire someone over that’; Powell denies ‘luxury’ claims

Jul 24, 2025 - 14:45
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Trump rages at Fed’s pricey renovation during HQ tour: ‘I would fire someone over that’; Powell denies ‘luxury’ claims
President Donald Trump slammed Federal Reserve Chair Jerome Powell over the $2.5 billion renovation of the Fed's D.C. headquarters. During a tour, Trump mocked the cost, hinted at firing Powell, and reiterated calls for interest rate cuts. Powell denied claims of extravagant upgrades.

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