President Donald Trump publicly insulted Federal Reserve Chairman Jerome Powell on Thursday over the cost of a massive building renovation as the two officials toured the unfinished project.
Mr Trump said the project would cost $3.1 billion, well above the Fed's $2.5 billion figure, while Mr Powell, standing next to him, shook his head.
“Is that from us?” Mr. Powell asked, then guessed that Mr. Trump was referring to the renovation of the Martin building, which was completed five years ago.
“Do you expect any additional cost overruns?” Mr. Trump asked.
“Don't wait for them,” Mr. Powell said.
Mr Trump said that in his career as a developer, he would have fired someone for cost overruns.
The president joked that he would back away from Mr Powell's policies if he cut interest rates.
Sourse: breakingnews.ie
