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Live Updates  >  Live Update Details

2025-07-31 03:16:30

Powell says he had a "pleasant meeting" with Trump at the Federal Reserve headquarters. Despite a previous spat between the two over cost overruns at the headquarters, Federal Reserve Chairman Jerome Powell described US President Trump's rare visit to the Federal Reserve building as a "pleasant meeting." Powell said, "We had a pleasant meeting with the president, and it was an honor to host him. It's unusual for the president to visit the Federal Reserve, let alone the office building, so it was truly a pleasant meeting." When asked if he believed the government's focus on the Fed renovation project was directly related to Trump's push for interest rate cuts, Powell said, "That's not something I should judge." (Refinitiv)

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