Trump tussles with Jerome Powell on rare visit to Federal Reserve

Fed chair pushes back on Trump criticism of renovation costs as president presses central bank to cut interest rates

Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday during a rare presidential visit to the central bank’s headquarters.

Trump was continuing his campaign to pressure the Fed to cut interest rates and was visiting its Washington headquarters to view costly renovations he has suggested are tantamount to fraud.

Continue reading…