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flag President Trump clashes with Fed Chairman Powell over renovation costs and interest rates.

flag President Trump accused the Federal Reserve of overspending $3.1 billion on renovations, but Chairman Jerome Powell corrected him, stating the cost was $2.5 billion and that Trump had included the cost of a separate building renovated five years ago. flag Trump questioned further cost overruns and joked about backing off Powell if he lowered interest rates. flag The exchange highlighted tensions between the president and the Federal Reserve over interest rates and the renovation project.

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