President Trump Visits the Federal Reserve

US Treasury Secretary Bessent: Fed's footprint has become too big. U.S. TREASURY SECRETARY BESSENT WARNS THAT SOME FED OPERATIONS COULD IMPACT MONETARY INDEPENDENCE, ACCORDING TO A FOX BUSINESS INTERVIEW. US Treasury Secretary Bessent: The Fed has undue influence on the economy. U.S. TREASURY'S BESSENT SAYS U.S. IN PRETTY GOOD PLACE WITH CHINA ON TRADE -FOX BUSINESS INTERVIEW BESSENT SAYS WILL TALK TO CHINA ABOUT THEM BUYING SANCTIONED OIL FROM RUSSIA, IRAN -FOX BUSINESS INTERVIEW US Treasury Secretary Bessent: Countries are willing to pay a toll to trade with the US.

TRUMP: I'D GENERALLY FIRE A PROJECT MANAGER THAT'S OVER BUDGET WANT HIM TO LOWER INTEREST RATES BRIEFED POWELL ON JAPAN DEAL TRUMP SEEN WALKING WITH POWELL DURING FED TOUR TRUMP SPEAKS TO PRESS ALONGSIDE POWELL TRUMP: TOUGH CONSTRUCTION JOB POWELL SHAKES HEAD AS TRUMP CITES RENOVATION FIGURES TRUMP AND POWELL VOICE DISAGREEMENT OVER RENOVATION FIGURES POWELL: EXPECT TO BE FINISHED IN 2027 TRUMP: DOING WELL WITH EU WILL SEE HOW BOARD RULES ON INTEREST RATES NOW - Trump confronts Jerome Powell at the Federal Reserve. pic.twitter.com/OgLDXA4Ojz

Trump: I want rates down, and the Fed building finished. *TRUMP: FED WAS AN EXPENSIVE JOB, GOT OUT OF CONTROL, IT HAPPENS Trump: We should have the lowest interest rates of any nation. Trump: Europe wants to make a deal very badly. TRUMP: TALKED WITH POWELL ABOUT RATES IT WAS PRODUCTIVE NO TENSION

TRUMP ON FIRING POWELL: THAT WOULD BE A BIG MOVE NOT NECESSARY Trump: I believe Powell will do the right thing. TRUMP: I HAVE ONE, MAYBE THREE NAMES IN MIND TO REPLACE POWELL — BUT NO PRESSURE ON HIM.