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WATCH: Fed Chair Jerome Powell Tries to Argue with Trump when Confronted on Cost of Fed Renovation | The Gateway Pundit | by Jordan Conradson

Posted on July 24, 2025July 24, 2025
GO HERE FOR MORE www.thegatewaypundit.com/2025/07/watch-fed-chair-jerome-powell-tries-argue-trump/
[image: https://www.thegatewaypundit.com/wp-content/uploads/2025/07/img_3425-1200×630.jpeg]
Powell is under fire for the cost of renovating the Fed’s DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion. He currently also faces a criminal referral to the Justice Department from Congresswoman Anna Paulina Luna (R-FL).
Trump announced earlier that he was joined by Senator Tim Scott, Senator Thom Tillis, OMB Director Russ Vought, Chairman of Fannie Mae and Freddie Mac, Bill Pulte, my Appointees to the National Capital Planning Commission, James Blair and Will Scharf, and various other construction professionals.
*President Trump also said the renovation will actually cost $3.1 billion or more!*
It was a Great Honor to tour the Renovation (and some new Construction!) of the Federal Reserve Building with Chairman Jerome Powell, Senator Tim Scott, and others. It’s got a long way to go, would have been much better if it were never started, but it is what it is and, hopefully, it will be finished ASAP. The cost overruns are substantial but, on the positive side, our Country is doing very well and can afford just about anything —
Even the cost of this building! I’ll be watching and, hopefully, adding some expertise. As everyone knows, I renovated the Old Post Office on Pennsylvania Avenue, and it was a roaring SUCCESS. The total Construction cost was a small fraction of the Fed Building’s cost, and it is many times the size. With all of that being said, let’s just get it finished and, even more importantly, LOWER INTEREST RATES!
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