President Donald Trump swung by the Federal Reserve on Thursday to highlight the hefty price tag of the building’s ongoing renovation as a means to pressure Fed Chair Jerome Powell.
But in a remarkable moment, Trump cited falsely inflated figures for the renovation — and got immediately called out for it.
The cost “is about $3.1 billion,” Trump told the cameras, “it went up a little bit — or a lot.”
Powell, shocked, shook his head in disagreement.
“So the $2.7 is now $3.1,” Trump continued. Powell then cut him off: “I’m not aware of that.”
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Jerome Powell Calls Out Trump For Using Fudged Figures For Fed Renovation Attack
- by: Ryan Grenoble
- 2025-07-24
- Source:
Huff Post
- 07/25/2025
