Trump visits Federal Reserve
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TAG24 on MSNTrump takes tense tour of Federal Reserve with Jerome Powell in continued war on central bankTrump took a tour of the US Federal Reserve Thursday as he escalates pressure on its chairman Jerome Powell over the central bank's management of the economy.
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On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings.
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Trump will visit the headquarters of the Federal Reserve today, the White House said. The unusual visit comes as the president has tried to pressure Chair Jerome Powell to lower interest rates and amid criticism by him and top administration officials over the cost of renovations to the building.
Yet another ally of President Donald Trump is questioning Jerome Powell's management of the Federal Reserve, according to a media report on Wednesday. House Speaker Mike Johnson said he's "disenchanted" with the head of the central bank.
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