Part 2/7:
Specifically, Trump took issue with the construction of the new Federal Reserve building overseen by Powell. He publicly lamented that the project’s budget had ballooned from approximately $1.9 billion to $2.5 billion. During a visit to the new headquarters—accompanied by Powell himself—the President made a striking comment that exemplifies his blunt approach. When asked about project management, Trump joked, "If I were a real estate developer, what would I do with a project manager who would be over budget? I’d fire him." His off-the-cuff remark not only elicited applause but also highlighted his familiarity with firing inefficiency, a signature move in his political and business career.