Trump, Jerome Powell and Fed
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At the construction site, Trump took out a piece of paper claiming the cost of the Federal Reserve’s renovation project had surged to $3.1 billion, compared with the Fed's official figure of $2.5 billion. Powell called him out on it, and that awkward interaction and live fact-check is going viral:
Powell is the head of the US central bank and has recently faced relentless attacks from Trump on social media and in the press, with the Republican leader claiming he’s moving too slowly to cut interest rates.
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Mediaite on MSNClip of Trump Nominating Powell Goes Viral After President Seemed to Forget It HappenedIn a resurfaced clip from 2017, President Donald Trump sang the praises of Federal Reserve Chair Jerome Powell when he first nominated him.
Sky News host Rowan Dean has reacted to a clip of Donald Trump taking shots at Jerome Powell during a tense interaction at the Federal Reserve’s renovation site.
During a press briefing on Thursday, OMB Director Russell Vought was asked about the tour of the Federal Reserve he took with President Trump and his interactions with Chair Jerome Powell.