White House Renews Attacks on Fed Chair Powell, Renovation | JQJO

The White House renewed its criticism of Federal Reserve Chair Jerome Powell and the Fed's headquarters renovation, despite President Trump's earlier conciliatory remarks following a Thursday tour. OMB Director Russ Vought called the renovation "largesse," questioning its cost and lack of public scrutiny. Trump, while previously considering firing Powell, now claims a "very good meeting" and anticipates lower interest rates. The Fed maintains its commitment to completing the renovation, citing unforeseen costs, and has undergone two independent reviews. The next Fed interest rate meeting is Tuesday and Wednesday.