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CNBC

President Trump set to visit the Federal Reserve

CNBC · Current
CNBC
CNBC
Current

CNBC's Eamon Javers reports on news regarding the White House and the Federal Reserve.

Breakdown
  • President Trump is scheduled to visit the Federal Reserve headquarters. 8s
  • Renovations at the Eccles Building and an adjacent property have experienced significant cost overruns. 17s
  • The Federal Reserve cites historic preservation, security upgrades, and compliance with modern standards as reasons for the increased costs. 48s
  • Federal Reserve officials state that no unnecessary luxuries are being added during the renovation. 1m 27s
  • President Trump is expected to use the visit to criticize the cost overruns and put political pressure on Fed Chair Jay Powell. 1m 45s
Politics