Trump, Fed and Fueling
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It was not a flattering moment for a president who routinely makes up figures but who is rarely fact-checked by his appointees on camera.
President Donald Trump and Fed Chair Jerome Powell publicly clashed over the central bank's renovation, which the Trump administration claims has gone overtime and over budget. The Eleventh Hour Nightcap discusses.
The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.
Hours after President Donald Trump appeared to take the temperature down with Fed Chair Jerome Powell, the White House resumed its attacks on the central bank chief and its headquarters renovation
The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.
Speaking to reporters at the start of his tour, Trump said that the administration was "taking a look at what's happening" at the Fed's $2.7bn (£1.8bn) renovation. "It looks like it's about $3.1bn," Trump said, as Powell shook his head.
The Federal Reserve's $2.5 billion renovation that has been bothering President Donald Trump comes into focus with new photos.
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.
President Donald Trump’s unprecedented walk-through of the Federal Reserve’s now-controversial building renovation project with Jerome Powell ended with a sign of relief for the central bank chief who’s been under pressure for months to slash interest rates.
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The judge determined the state's policies are protected by the 10th Amendment, a blow to Trump's efforts to crack down on sanctuary jurisdictions.