President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.

President Donald Trump visited the Federal Reserve headquarters in Washington on Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project,

P resident Donald Trump strode through the Federal Reserve’s construction site on Thursday, wearing a white hard hat as he inspected scaffolding and stacks of plywood. At his side was Jerome Powell, the central bank’s chair whom Trump would love to replace.

President Trump called the attention on the Jeffrey Epstein case a scam and turned his attention to the Federal Reserve.

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.