President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.

After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.

President Trump called the attention on the Jeffrey Epstein case a scam and turned his attention to the Federal Reserve.

President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.

Trump Rips Jerome Powell as Feud Shows No Sign of Cooling Down. Robert McCoy. Fri, July 11, 2025 at 4:08 PM UTC. 2 min read. President Trump on Friday morning threw barbs at Trump-appointed ...