Fed Says It Was ‘Honored’ by Trump’s Tour of Building Site
The Federal Reserve expressed gratitude for President Donald Trump and Republican lawmakers' visit to the central bank's renovation project on Thursday. In a statement, the Fed said it was "honored" by the tour and appreciated the opportunity to showcase the ongoing construction work. The visit came amid ongoing tensions between the Trump administration and the Fed, with the president frequently criticizing the central bank's monetary policy decisions. However, the statement suggests a more cordial relationship, with the Fed emphasizing its commitment to serving the American people and working with policymakers. The tour provided an opportunity for the Fed to highlight the progress of its renovation project, which aims to modernize the central bank's facilities and infrastructure. The visit underscores the importance of maintaining open communication and collaboration between the Fed and political leaders, despite their occasional disagreements on economic policy.
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