By Isabella Torregiani
3:05pm PDT, Jul 25, 2025
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President
Donald Trump didn't hold back during a recent televised appearance with Federal Reserve Chair
Jerome Powell.
The two were giving a joint tour of the ongoing renovations at the Federal Reserve building when Trump took the opportunity to throw a few jabs at Powell, reigniting their long-standing feud.
Keep reading for more on their dispute…MORE:
Follow Wonderwall on MSN for more top news
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President
Donald Trump didn't hold back during a recent televised appearance with Federal Reserve Chair
Jerome Powell. The two were giving a joint tour of the ongoing renovations at the Federal Reserve building when Trump took the opportunity to throw a few jabs at Powell, reigniting their long-standing feud.
Keep reading for more on their dispute… MORE:
Follow Wonderwall on MSN for more top news
_
During the tour, President Donald Trump commented that the renovation costs had ballooned, saying the project's budget rose "a little bit, or a lot," jumping from $2.7 billion to $3.1 billion. However, Fed Chair Jerome Powell quickly disagreed. Shaking his head, he interrupted, saying, "I'm not aware of that, Mr. President. I haven't heard that from anybody at the Fed."
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In response, President Donald Trump pulled out a piece of paper from his jacket pocket and handed it to Jerome Powell. "It just came out," he claimed. Powell glanced at the paper and replied, "You're including the Martin renovation. You just added a third building." Trump pushed back, saying, "Well, I know, but it's a building that's being built." Powell corrected him, saying, "No, it was built five years ago. We finished Martin five years ago." The president ended their exchange by saying, "It's part of the overall work."
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Following their awkward tour, President Donald Trump took to Truth Social to celebrate the building's construction and throw in one final jab. "It was a Great Honor to tour the Renovation (and some new Construction!) of the Federal Reserve Building with Chairman Jerome Powell, Senator Tim Scott, and others," Trump wrote. "It's got a long way to go, would have been much better if it were never started, but it is what it is and, hopefully, it will be finished ASAP." He ended the post, writing, "Let's just get it finished and, even more importantly, LOWER INTEREST RATES!"
