CNN's Kaitlan Collins Is Infuriated That No One Cares About Trump Blasting Dems...
Watch Scott Jennings Slaps Down Lib Media Claim That Illegals Won't Get Health...
Wait, a Dem Rep Really Said This About Trump During the Schumer Shutdown
The Latest Sombrero-Mariachi Responses to the Schumer Shutdown Are Gold
No Apologies: Proud to Stand With Israel, Proud to Defend the West
Trump Posted a New Clip Trolling Hakeem Jeffries...and Another That's Really Going to...
Democrats Thought They Had the Upper Hand in the Schumer Shutdown. WaPo Says...
Qatar Is Bankrolling Global Terror—and It’s a Direct Threat to the West
Let's Stop Pretending About Charlie Kirk's Assassination
Empty Lives
This 2019 Clip of Democrats Is Coming Back to Haunt Them Amid Shutdown...
Amidst Concerns About Left-Wing Lawfare, States Should Review Who They Have on Contract...
It’s Time to Choose Cooperation Over Continued Chaos
Talking Point vs. Truth
Direct Democracy Can Save Younger Generations From Penury
Tipsheet

Trump's Fed Reserve Visit With Chairman Powell Was Epic

AP Photo/Julia Demaree Nikhinson

President Donald Trump personally visited the Federal Reserve headquarters to inspect the controversial billion-dollar renovation project overseen by Fed Chair Jerome Powell. Reports surfaced that Powell initially tried to block White House staff from touring the costly overhaul, prompting Trump to take matters into his own hands and show up unannounced. The president’s bold move highlights his ongoing frustration with the Fed’s leadership—not just over monetary policy, but also over what he sees as reckless spending and a lack of transparency. 

Advertisement

On Thursday, President Trump toured the Federal Reserve building to check on Powell’s $3.1 billion “renovation." In a Truth Social post, he said that he would be meeting with Powell himself, as well as Sen. Tim Scott (R-SC), OBM Director Russ Vought, Sen. Thom Tillis (R-NC), his appointees to the National Capital Planning Commission, James Blair, and Will Scharf, among others. 

A reporter asked Trump, "As a real estate developer, what would you do with the project manager who would be over budget?"

"Generally speaking, what would I do? I'd FIRE HIM!" Trump responded. 

Another reporter asked Trump if his visit to the Federal Reserve was meant to put pressure on Powell to resign.

This visit comes amid President Trump’s growing calls for Jerome Powell to resign. Earlier this year, the Trump administration launched an investigation into the soaring cost overruns tied to the Federal Reserve’s renovations of its Washington, D.C. headquarters, as part of broader pressure on the Fed to cut interest rates. Originally estimated at around $1.9 billion before the pandemic, the renovation costs for the Marriner S. Eccles Building and an adjacent facility have ballooned to $2.5 billion. Recently, White House official Russell Vought sent a letter to Powell demanding answers about his testimony and whether the renovation plans complied with the National Capital Planning Commission’s guidelines. This probe is also being viewed as a potential pretext to remove Powell “for cause.” Trump has called the extravagant construction project a fireable offense, insisting it’s time to put an end to the Fed’s mismanagement. 

Advertisement

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos