U.S. President Donald Trump has criticized Federal Reserve Chair Jerome Powell for not lowering interest rates, although he stated he is not planning to fire him. Despite the lack of evidence, Trump raised issues with Powell's management of Fed renovations.

The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently

Though the Federal Reserve is not controlled by the White House, Donald Trump has voiced his frustrations with the central bank throughout the election.