‘I set him on fire’: Trump takes shots in Pavel, while Fed stands near him; Watch the video
US President Donald Trump on Thursday visited the renovation site of the Federal Reserve at Washington, DC and used an opportunity to take new shots at Chair Jerome Powell. Standing in front of the half-incomplete project, Trump made fun of the rising costs. “It seems that it is approximately $ 3.1 billion. It went up a little – or much,” he said, while Powell nodded his head in disagreement. A reporter was asked how he would handle such a budget disturbance as a developer, Trump did not return, “I will set him on fire!” The renewal of the central bank was originally estimated $ 1.9 billion. Now, it is $ 2.5 billion. Fed says that hike inflation is due to the cost of old infrastructure and post-covid materials. But Trump and his colleagues say this is more than that – accusing it to excessive and poor oversight. The journey was rare. The President usually refrains from appearing to influence the independent central bank. But Trump has long collided with Powell, criticizing him not to reduce interest rates rapidly. On the site, Trump again pushed to cut the rate. “Our country is currently the hottest in the world,” he said. “But people cannot buy homes because the rates are very high.” Fed is expected to keep the rates stable again next week – despite increasing political pressure.
