Politics7/24/2025Bloomberg

Trump to Tour Fed Construction Site After Criticizing Powell

Former President Donald Trump will visit a Federal Reserve construction site on Thursday, following his criticism of the project's cost overruns. This visit comes amidst Trump's ongoing attacks on Fed Chair Jerome Powell, whom he has criticized for not lowering interest rates. The visit to the construction site is seen as a continuation of Trump's attempts to exert pressure on the Federal Reserve and its leadership. The former president has been vocal in his criticism of the central bank's monetary policy, arguing that it has been detrimental to the U.S. economy. The visit is likely to be closely watched, as it reflects the ongoing tension between the White House and the Federal Reserve, which is meant to operate independently of political influence. The outcome of the visit and its impact on the relationship between the former president and the central bank remains to be seen.

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