What happens when a president who loves drama walks into a building he’s been roasting for months?
You get sparks — and not the kind from construction.
President Trump and Federal Reserve Chair Jerome Powell brought their long-running feud face-to-face Thursday, and it wasn’t pretty.
The showdown? A heated exchange over the price tag of the Fed’s massive renovation project.
“It looks like it’s about $3.1 billion,” Trump claimed, pulling out a document mid-tour like a surprise witness in court.
What Was His Response?
Powell, visibly annoyed, shot back: “I’m not aware of that… I haven’t heard that from anybody at the Fed.”
Their awkward back-and-forth unfolded just days before the Fed is expected to hold interest rates steady. A move Trump has publicly slammed.
He’s accused Powell of dragging his feet on rate cuts.
He has even hinted at firing him — a move that would rattle Wall Street and likely set off a constitutional firestorm.
The actual renovation budget? $2.45 billion by 2025, up from $1.88 billion in 2019, thanks to project reshuffling.
So was this just a spat over bricks and budgets? Or another brick in the wall of Trump’s war with the Fed?
Either way, it wasn’t just the building under construction — tensions clearly were, too.
