The president of the Fed, Jerome Powell, called President Trump for living on the cost of renovations at the headquarters of the Federal Reserve.
Trump deliberately tried to increase the cost of renovations so that he can blame powell For the poor quality of funds, as a pretext to dismiss him.
“It seems that it is about $ 3.1 billion, it has increased a little. Or a lot,” Trump told the press, while stooding next to Powell bearing assorted helmets. “Thus, the $ 2.7 are now 3.1.”
“I am not aware of this,” prohibits Powell, seemingly worried.
“He was just out,” said Trump.
“I did not hear that from the Fed,” said Powell.
“He was just out,” said Trump, deploying a piece of paper he had folded in his costume pocket and putting him back to Powell.
“Did that come from us?”
“Yes. I don’t know who does that,” said Trump, pointing the newspaper.
“You include Martin’s renovation, you have just added to a third building is. It is a third building,” said Powell.
“Well, I know, but it’s a building that is under construction.”
“No, it was built five years ago. We finished Martin five years ago.”
“It’s part of the overall work.”
“It’s not new.”
“So we are going to take a look, we will see what is going on, and it has a long way. Are you expecting additional cost overruns? ” Trump asked.
“Do not wait for it. But we are ready for them. We have a little reserve that we can use, but no, we do not do it. We expect to be finished in 2027. We are good, as you can see. ”
Trump has targeted Powell for some time now, because the president of the Fed has repeatedly refused to reduce interest rates to help the president. Trump said he wanted Powell to be pulled, and this number of fudging was purely antagonistic. At least Powell was there to check it.
Trump: It seems that it is about $ 3.1 billion
Powell: I’m not aware of this.
Trump: he just came out
Powell: you just added in a third building
Trump: It’s a building that is under construction
Powell: It was built five years ago. pic.twitter.com/avzaz9bd3t– Acyn (@achyn) July 24, 2025
