Trump tours Fed construction project, attacks Powell again

President Trump toured the Federal Reserve's $2.5 billion headquarters construction project Thursday, continuing his string of attacks on chair Jerome Powell over interest rate policy.Why it matters: It amounted to a dramatic made-for-the-cameras moment, following weeks of Trump allies apparently laying the groundwork to oust Powell for cause over the project.Driving the news: Powell toured Trump through the under-renovation 1930s Marriner S. Eccles building, both wearing white construction helmets.Trump said that the project in fact cost $3.1 billion, not the much-cited $2.5 billion.Powell shook his head, mouthed "no," and said that the higher number includes a third office building across the street that was completed five years ago.State of play: The massive construction project includes a full-scale renovation of the Fed's 1930s headquarters building and a second historic building next door.Trump allies have seized on cost overruns, supposed luxury features, and changes to the project not reviewed by a federal planning board as evidence of mismanagement by Powell.This is a developing story.

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Why ‘Doomsday mom’ Lori Vallow Daybell received two more life sentences — and it wasn’t for her children’s murders

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