David W. Weaver
Not today Satan. Not today!!
8h ·
President Trump tried his hardest to spin the numbers on the Federal Reserve's ongoing construction costs during a rare, tense visit with Jerome Powell today. Trump claimed before cameras that the Fed's renovation bill had soared to over $3 billion, waving a printout as evidence. Powell, clearly taken aback, quickly asked for the document, put on his glasses, and patiently explained that Trump’s total was bogus because it added a third building, already finished years ago, to the real construction tab. Trump’s narrative simply did not hold up, and Powell’s composed, factual pushback was impossible to miss.
Visibly, Powell shook his head in disagreement several times and could not conceal his disbelief as Trump dug in. When Trump insisted that the numbers “just came out,” Powell calmly corrected him, explaining that the supposed “new” costs included renovations already completed in the past. Powell’s direct, live correction made Trump’s usual bluster look deeply unconvincing for all to see.
It is telling that Powell confronted these falsehoods face to face, right there in front of the nation. In one afternoon, the Fed chair did more to puncture presidential spin than much of the press corps has managed in recent memory. There was no hedging or deference—just facts, straightforward correction, and a bit of well-earned disbelief from Powell, all in real time.