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Watch Trump and Powell bicker on a building site
CGTN Europe
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2 days ago
U.S. President Donald Trump sparred with Federal Reserve chair Jerome Powell in a rare presidential visit to the Reserve.
During a press conference Trump said that the renovation cost for the Fed buildings had gone up from $2.5bn to $3.1bn.
Powell responded that he was ‘not aware of that’, to which Trump handed Powell a piece of paper.
Powell pushed back and said the president was including an extra building that had been renovated five years ago.
#trump #powell #potus #us #usa #fed #uspol #uspolitics #donaldtrump
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00:00
It looks like it's about $3.1 billion.
00:02
It went up a little bit, or a lot.
00:05
So the $2.7 billion is now $3.1 billion.
00:08
I'm not aware of that.
00:09
Yeah, it just came out.
00:11
Yeah, I haven't heard that from anybody in the Fed.
00:15
Yeah, it just came out.
00:19
Our most added about $3.1 billion as well.
00:21
$3.1 billion.
00:22
$3.2 billion just came from us?
00:24
Yes.
00:25
I don't know who does that.
00:26
No, you're including the Martin renovation.
00:31
You just added in a third building is what that is.
00:35
That's a third building.
00:36
It's a building that's being built.
00:38
No, it was built five years ago.
00:40
We finished Martin five years ago.
00:43
It's part of the overall work.
00:45
It's not new.
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