Trump Building Pressure on Powell Over Fed Renovation

The article discusses President Trump's criticism of the planned renovation of the Federal Reserve headquarters in Washington, D.C. Trump has been putting pressure on Fed Chair Jerome Powell over the project, which is estimated to cost around $700 million. Trump has been a vocal critic of the Fed's monetary policy decisions and has blamed Powell for slowing economic growth. The president now appears to be using the renovation project as a way to apply further pressure on the Fed chair. The article notes that the renovation is necessary to address aging infrastructure and ensure the building's security. However, Trump has questioned the need for the project and has suggested that the money could be better spent elsewhere. The article provides a concise overview of the issue, highlighting the key facts and the political context surrounding the dispute between Trump and the Fed over the renovation project.