'You just added a third building': Powell fact checks Trump's Fed renovation as awkward hard-hat visit turns tense [View all]
Source: independent.com
Federal Reserve chair wasn’t fazed by Trump’s attempt to bully him in front of press
Andrew Feinberg
Thursday 24 July 2025 16:51 EDT
President Donald Trump’s attempt to shame Federal Reserve Board of Governors chair Jerome Powell over the cost of a long-running renovation to the central bank’s Washington headquarters went horribly wrong on Thursday when Powell had a ready response for the president’s accusations during a tour of the construction site.
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Trump said the cost of the years-long project was now “about $3.1 billion” rather than the $2.7 billion previously stated by Powell.
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The chairman replied: “I haven’t heard that from anybody” and asked if the paper Trump was reading from came from the central bank.
At that point, Trump handed him the paper and continued talking while Powell pulled out his reading glasses to look.
He then told the president that the higher number he was claiming included a separate project that wasn’t part of the renovation at issue.
“You just added in a third building,” he said.
When Trump replied...................
More follows...
Read more: https://www.the-independent.com/news/world/americas/us-politics/trump-powell-fed-renovation-meeting-b2795600.html
The title of this story should be:
TRUMP MAKES A FOOL OF HIMSELF AGAIN ON NATIONAL TV!!!
Powell knows how to handle a third grader who lies.
Please read the entire article--short but sweet. --I laughed out loud with Powell's expression when Trump told him a big whopper!!!
Link to tweet
Olga Nesterova
@onestpress
Just watch this. Here Trump makes up a higher number for the new fed building construction, Powell factchecks him - you just added the building that was finished 5 years ago!
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