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Maroc Maroc - WN.COM - Business - 25/Jul 12:05

Trump, Fed chief Powell bicker during tense central bank visit

WASHINGTON, D.C. — Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy. Trump — who wants to oust Powell for refusing to lower interest rates but likely lacks the legal authority to do so — has threatened to fire the Fed chief over cost overruns for a renovation of its Washington headquarters. During a brief but painfully awkward exchange in front of reporters during a tour of the building, the pair bickered over the price tag for the makeover, which Trump said was $3.1 billion. The actual...

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