Trump Says Not 'Necessary' To Fire Jerome Powell — But Presses Fed Chair On Rate Cuts And $2.5 Billion Renovation: 'I'd Love Him To Lower Interest Rates'

The,Concept,Of,U.s.,President,Donald,Trump,And,Federal,Reserve

In a rare Presidential visit to the Federal Reserve headquarters, President Donald Trump publicly pressed Fed Chair Jerome Powell to deliver sharp interest rate cuts while criticizing the central bank's $2.5 billion renovation project.

What Happened: On Thursday, Trump once again pushed for a rate cut, saying, “I’d love him to lower interest rates,” while standing next to Powell during a tour of the Fed’s headquarters, which is currently under renovation, according to a Reuters report.