President Donald Trump sparred with Federal Reserve Chair Jerome Powell over the cost of renovating two buildings at the Fed headquarters.

The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.

President Trump visited the Federal Reserve with Chair Jerome Powell and Sen. Tim Scott amid weeks of claims that the Fed’s renovation costs were fraudulently inflated. But during the tour, Powell corrected Trump’s $3.

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CNBC’s Steve Liesman and Eamon Javers join 'Squawk Box' to discuss President Trump's visit to the Federal Reserve, his relationship with Fed Chair Powell, and more.

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After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.

President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell.

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto loans.

President Trump visited the Federal Reserve with Chair Jerome Powell and Sen. Tim Scott amid weeks of claims that the Fed’s renovation costs were fraudulently inflated. But during the tour, Powell corrected Trump’s $3.