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Trump suggests Jerome Powell's handling of Fed renovations could be fireable offense

2 5
16.07.2025

President Trump on Tuesday suggested Federal Reserve Chair Jerome Powell's handling of renovations to the central bank's headquarters could be a fireable offense, seizing on an issue that has become a mounting point of criticism among Powell's critics.

"I think he’s terrible. I think he’s a total stiff. But the one thing I didn't see him is a guy that needed a palace to live in," Trump told reporters in Pennsylvania when asked if he would fire Powell.

Asked if spending $2.5 billion on renovations to the Fed's Washington, D.C., headquarters is a fireable offense, Trump replied, "I think it sort of is."

Trump has for months raged against Powell over the Fed's decision not to lower interest rates, a decision........

© The Hill