US EditionTrump aides to visit Federal Reserve Thursday amid renovation scrutiny
WASHINGTON, D.C., JUL 22 – President Trump and aides will inspect the $2.5 billion Federal Reserve renovation amid criticism of Chairman Jerome Powell's management and interest rate policies.
- Thursday's inspection at the Federal Reserve headquarters will be led by White House deputy chief of staff James Blair, who will visit to assess the renovation project.
- With expenses jumping from $1.9 billion to $2.5 billion prompted scrutiny of the project, as the scope covers two historic buildings on the National Mall.
- Saying the Fed `relented`, Blair added, regarding the White House visit, James Blair told reporters last week, adding senators’ interest.
- The Fed chair added, saying `As long as the U.S. economy is in a solid shape, we think the prudent thing to do is to wait and learn more and see what those effects might be,` and defended the project, emphasizing caution.
- Looking at the wider impact, threats to fire Powell could endanger Fed independence and market stability, highlighting broader economic challenges.
21 Articles
21 Articles
Ottumwa Courier
Trump to visit Federal Reserve headquarters as feud with its chair continues
President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell’s handling of an extensive renovation project on two Fed buildings could be grounds for firing. Trump has criticized Powell…
Denver Gazette
Trump to visit Federal Reserve on Thursday, White House says
WASHINGTON (Reuters) -U.S. President Donald Trump, a strong critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White House said.
Top Trump official slated to inspect Fed's $2.5B renovation amid cost scrutiny
White House deputy chief of staff James Blair will visit the Federal Reserve's headquarters Thursday to inspect the central bank's renovation project.The revelation, announced in a post on X, comes as President Donald Trump places the blame squarely on Federal Reserve Chairman Jerome Powell for the rising renovation costs.PHOTOS: THE FED’S $2.5B RENOVATION IRKING PRESIDENT TRUMP AND TEAMThe project to update the Fed's two main Washington, D.C., …
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