The long-simmering clash between President Donald Trump and Federal Reserve Chair Jerome Powell was on full public display during a Thursday afternoon tour of the renovation site at the central bank’s headquarters in Washington,

Federal Reserve Chair Jerome Powell pushed back on President Trump’s cost estimate of renovations at the central bank’s headquarters during a tour of the site on Thursday. “It looks like it’s about $3.

Trump, standing alongside Powell in a matching hard hat, told reporters that construction costs for the building had gone up by almost half a billion dollars, from US$2.7 billion to $3.1 billion, leading Powell to shake his head in disapproval before saying, “I am not aware of that.”