President Trump Discusses Federal Reserve Building Tour and Interest Rates

Observations During Federal Reserve Building Tour

• 🧐 President Trump described the Federal Reserve building site as a "very luxurious situation."
• 🏗️ He noted that opening a basement is the "worst space" and most expensive to build, especially with the need to construct a "reverse bathtub" to keep water out due to a water line.
• 💰 Trump suggested that certain construction choices, like extensive plywood protection in the hall, seemed to cost "millions of dollars" unnecessarily.
• 🗓️ He acknowledged that there's always "Monday morning quarterbacking" but expressed a desire to help finish the project, which has been ongoing for years.

Economic Policy and Interest Rates

• 📉 Trump stated that his primary goal, speaking for himself and the Senate, is to see interest rates come down.
• 🌍 He contrasted the US with Europe, where interest rates have been lowered 11 times, while the US has lowered them zero times.
• 🤝 He mentioned ongoing trade negotiations, stating they are making "unbelievable deals" and that "money is pouring in," citing completed deals with Indonesia and the Philippines.