Report: Trump Turns Visit to the Federal Reserve into a Political Show

"The Fed Megaphone"Nick Timiraos wrote in an article that Trump visited the renovation site of the Fed building on Thursday afternoon, which was essentially a political performance aimed at increasing pressure on the Fed. This was part of an unconventional movement to tarnish the public image of Fed Chair Powell and push for rate cuts. Trump's rare visit to the Fed represented his performative skills in governance. For a president who built his brand on real estate projects and reality TV shows, this visit provided a television-ready opportunity to portray Powell - whom Trump himself selected as Fed Chair eight years ago - as an incompetent bureaucrat overseeing a $2.5 billion renovation project with cost overruns. Stifel strategist Brian Gardner said that the attention on the Fed building renovation could also divert focus from the Epstein case.