Trump and Fed chair Powell clash over Federal Reserve renovation cost – video

Donald Trump appeared to ambush Jerome Powell, the Federal Reserve chair, during his site visit to inspect the renovation of the central bank’s historic headquarters in Washington. The president claimed the total cost of the renovations was $3.1bn, higher than previously reported. As Trump made this claim, Powell shook his head and said: 'I’m not aware of that. I haven’t heard that from anybody at the Fed.' Trump said the figure 'had just come out' and handed papers from his coat to Powell. 'This came from us?' Powell asked. After Trump said the new figures were from his people, Powell found the discrepancy: 'You added in a third building … [which] was built five years ago'Trump and Powell clash on camera over Federal Reserve renovation cost – US politics live Continue reading...

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