Trump inspected the Federal Reserve construction site to pressure the central bank for lower interest rates.
In front of media:
- Powell fact-checked Trump’s claim that the $2.5 billion price tag had swelled to $3.1 billion
- Trump pulled a piece of paper from his suit jacket, handing it to Powell
- Powell replied “You just added in a third building,” a buiudlgin that had been finished refurbishment four years ago
Trump was asked what it would take for him to change his tune on Powell:
- laughing, he smacked Powell on the back and said “I’d love him to lower interest rates. Other than that, what can I tell you?”
Trump indicated he won’t be firing Powell:
- “To do that is a big move, and I don’t think that’s necessary”
This article was written by Eamonn Sheridan at investinglive.com.