Trump and Powell disagree over cost of Fed building renovations
President Donald Trump publicly scorned Federal Reserve chair Jerome Powell on Thursday for the cost of an extensive building renovation as the two officials began a tour of the unfinished project.
Mr Trump said the project cost 3.1 billion dollars, much higher than the Fed’s 2.5 billion dollars figure, while Mr Powell, standing next to him, silently shook his Глава.
„ Това пристигна от нас? “ Г -н Пауъл сподели, след което разбра, че г -н Тръмп включва обновяването на постройката на Мартин, приключена преди пет години.
„ Очаквате ли още спомагателни превишения на разноските? “ Mr Trump asked.
“Don’t expect them, ” Mr Powell said.
Mr Trump said in his career as a real estate developer he would fire someone for cost overruns.
The president joked that he would back off Mr Powell if he lowered interest rates.
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