Powell: The Fed had a "pleasant meeting" with Trump at the headquarters.

Although the two have clashed on the issue of cost overruns at headquarters, Federal Reserve Chairman Powell still described President Trump's rare visit to the Federal Reserve building as a "pleasant meeting." "We had a pleasant meeting with the President. It was an honor to host him. A visit by the President to the Federal Reserve is rare enough, let alone a tour of the office building, but it was indeed a pleasant meeting," Powell said. When asked if he believed that the government's focus on the Federal Reserve renovation project was directly related to Trump's push for rate cuts, Powell said, "That is not for me to judge."