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“You just added in a third building is what that is," Powell noted, implying that the cost calculations might have been inflated by including this building in the total. Trump clarified that the Martin building was not new and had already been constructed, but the debate highlighted underlying tensions about fiscal management.
Tensions Rise Over Monetary Policy and Leadership
President Trump has long been critical of the Federal Reserve, often suggesting that its policies were hindering economic growth. This visit was no exception, with Trump pressing Powell to lower interest rates, which has been a contentious topic.