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Trump pushes Powell on rates and renovation costs during Fed visit

August 19, 2025
in Market & News
Reading Time: 1 min read
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During a visit to the Federal Reserve, President Trump criticized the cost of its renovation project and renewed his call for lower interest rates. The exchange grew tense when Fed Chair Jerome Powell corrected Trump’s claim about a $3.1 billion overrun, noting the building in question had already been completed.

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