Trump, Powell and Federal Reserve
Digest more
Jerome Powell's leadership approach at the Federal Reserve focuses on calmness, consensus-building, and flexibility, said experts.
President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, telling reporters that costs to renovate the Fed’s buildings were exorbitant. Powell shook his head at times during the president’s remarks.
President Donald Trump visited the Federal Reserve headquarters in Washington Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project.
Trump on Friday expressed confidence the Fed will start cutting, a day after he met with central bank Chair Jerome Powell.