After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.

In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for Powell to "resign immediately."

President Trump called the attention on the Jeffrey Epstein case a scam and turned his attention to the Federal Reserve.

President Donald Trump visited the Federal Reserve headquarters in Washington on Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project,

P resident Donald Trump strode through the Federal Reserve’s construction site on Thursday, wearing a white hard hat as he inspected scaffolding and stacks of plywood. At his side was Jerome Powell, the central bank’s chair whom Trump would love to replace.

The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.

Trump Rips Jerome Powell as Feud Shows No Sign of Cooling Down. Robert McCoy. Fri, July 11, 2025 at 4:08 PM UTC. 2 min read. President Trump on Friday morning threw barbs at Trump-appointed ...