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Trump White House

Trump Insists ‘No Tension’ With Powell After Tour of Fed’s Construction Site

The tour comes on the heels of a months-long pressure campaign by the president to cajole the Fed chair into reducing interest rates.

President Donald Trump speaks alongside Federal Reserve Chairman Jerome Powell

Julia Demaree Nikhinson/AP

By Nuha Dolby

July 24, 2025 06:00 p.m.

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