Economy

President Trump Prepares for Federal Reserve Visit, Powell to Join Amid Renovation Controversy

Trump's Upcoming Federal Reserve Visit Sparks Interest

United States President Donald Trump announced on Thursday his preparations for a significant visit to the Federal Reserve building in Washington DC. Notably, Fed Chair Jerome Powell is set to accompany the president during his inspection of the ongoing renovation works, a move that has drawn considerable attention.

High-Profile Attendees Revealed

Adding to the event's prominence, Trump disclosed that senators Thom Tillis and Tim Scott from North and South Carolina, respectively, along with Office of Management and Budget Director Russ Vought, would be in attendance. This announcement was made via the president's post on Truth Social, highlighting the visit's importance.

Renovation Costs Under Scrutiny

The president has previously voiced criticisms regarding the renovation projects at the Fed's headquarters, estimating the costs to exceed a staggering $3.1 billion. This visit could shed more light on the controversies surrounding these expenditures.