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Trump Latest News | Trump & Powell Clash Over Rates & Renovation During Fed Tour Of HQ Site

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  • Published On: July 25, 2025
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Trump Latest News | Trump & Powell Clash Over Rates & Renovation During Fed Tour Of HQ Site Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the central bank after ramping up his attacks on its management of the economy. Trump -- who wants to oust Powell for refusing to lower interest rates but likely lacks the legal authority to do so -- has threatened to fire the Fed chief over cost overruns for a renovation of its Washington headquarters.

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