Powell Corrects Trump on Cost of Fed Renovations
By: Ang Li | Published: 2025-07-24 22:34:00 | Source: www.nytimes.com
new video loaded: Powell Corrects Trump on Cost of Fed Renovations
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transcript
Powell Corrects Trump on Cost of Fed Renovations
During a tour of the Federal Reserve’s headquarters, President Trump debated with Jerome H. Powell, the Fed chair, over the cost of renovations to the central bank’s headquarters.
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“It looks like it’s about $3.1 billion. It went up a little bit — or a lot. So the $2.7 is now $3.1, and —” “I’m not aware of that.” “Yeah, it just came out.” “Yeah, I haven’t heard that from anybody at the Fed.” “Yeah it just came out.” “About $3.1 as well.” “This came from us?” “Yes ,I don’t know who does that.” “You’re including the Martin renovation — you just added, you just added in a third building is what that is….
