Trump's Visit to Federal Reserve Sparks Criticism and Calls for Economic Adjustments

During a recent visit to the Federal Reserve building, former President Donald Trump, alongside Chairman Jerome Powell and Senator Tim Scott, voiced strong criticisms regarding the ongoing renovation project. Trump expressed his disapproval through a Truth Social post, stating, "It would have been much better if it were never started", and highlighted the "substantial" cost overruns. Despite his criticisms, Trump acknowledged the strength of the US economy to bear such expenses.

Renewed Calls for Lower Interest Rates

Trump seized the opportunity to reiterate his demand for lower interest rates, emphatically writing, "Let's just get it finished and, even more importantly, LOWER INTEREST RATES!" This statement underscores his ongoing concerns about the economic policies under the current administration.

Trump's Stance on Jerome Powell

Trump's relationship with Fed Chairman Jerome Powell has been notably contentious, with Trump frequently criticizing Powell's handling of interest rates, labeling him as detrimental to the US economy. Although Trump previously considered dismissing Powell, he has recently stated he would not pursue such actions.