President Donald Trump locked horns with Federal Reserve Chair Jerome Powell during a rare presidential visit to the U.S. central bank on Thursday, criticizing the cost of renovating two historical buildings at its headquarters and pressing the case for lower interest rates.

President Donald Trump and Fed Chair Jerome Powell publicly clashed over the central bank's renovation, which the Trump administration claims has gone overtime and over budget. The Eleventh Hour Nightcap discusses.

On July 24, President Trump had a tense exchange with Federal Reserve Chief Jerome H. Powell over the budget of ongoing building renovations.