President Donald Trump strode through the Federal Reserve’s construction site on Thursday, wearing a white hard hat as he inspected scaffolding and stacks of plywood. At his side was Jerome Powell, the central bank’s chair whom Trump would love to replace.<br /><br />The two men stood shoulder to shoulder in front of reporters as Trump claimed the renovation had ballooned to $3.1 billion. Powell closed his eyes and shook his head. “I haven’t heard that from anybody,” he said. The figure, he explained, included a separate project completed years earlier. Trump waved it off, joking that as a real estate developer, he would fire the project manager if they overspent.
