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Trump rips Fed renovations ahead of DC ‘beautification’ press conference

DISTRICT OF COLUMBIA, AUG 10 – President Trump condemned the Federal Reserve's $3.1 billion renovation as wasteful and announced a press conference to address Washington, D.C.'s rising crime and city conditions.

  • On August 10, 2025, President Donald Trump used Truth Social to announce a Monday press conference at 10:00 A.M. EST in the White House Press Briefing Room addressing crime and beautification in Washington, D.C.
  • Criticizing the Fed's project, Trump said it had an estimated $3.1 billion cost and could have been done in a far more elegant and time sensitive manner for $50 to $100 Million Dollars.
  • In a show of force, Trump announced a Monday press conference to address crime, cleanliness, and renovations in Washington, D.C., highlighting federal efforts and costs.
  • He warned Washington, D.C. `We’re going to put you in jail where you belong` and threatened to seize control if improvements falter.
  • With no meeting until mid-September, Trump has pressured the Fed, calling Jerome Powell `inflexible` and demanding lower interest rates.
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The Hill broke the news in Washington, United States on Sunday, August 10, 2025.
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