'I'd love him to lower interest rates': Donald Trump grills Powell to cut rates; spars over Fed renovation costs in rare headquarter visit

Jul 25, 2025 - 13:30
'I'd love him to lower interest rates': Donald Trump grills Powell to cut rates; spars over Fed renovation costs in rare headquarter visit

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Donald Trump confronted Federal Reserve Chair Jerome Powell during a visit to the Fed's headquarters, criticizing renovation cost overruns and reiterating his demand for lower interest rates. Trump, accompanied by White House officials, questioned the $3.1 billion project, a figure Powell disputed.

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