'I would fire…': Trump clashes with Jerome Powell over Fed's $3.1 billion renovation budget

US President Donald Trump and Fed Chair Jerome Powell clashed publicly during a rare presidential visit to the Federal Reserve’s headquarters in Washington. Trump claimed renovation costs had surged past 3 billion dollars, prompting a tense on-camera exchange. While the Fed maintains the current figure is 2.5 billion, Trump continues pressing Powell on interest rates and spending, using the renovation as a pressure point. The decades-old project, now over budget and politically fraught, has become a symbol of their deepening standoff.