Nick Timiraos

So there was a little bit of a routine almost, like, can you believe this?

The president and the Fed chair, who rarely talk or hear, are kind of squabbling over cost issues at a construction site.

Donald Trump's a builder.

He knows about a lot of the things they were talking about on that tour.

And so the whole issue, you know, we're watching this thinking maybe there's going to be some real fireworks at the end of it.

But then at the end of the tour, Trump is asked by a reporter, well, is this a fireable offense?

All of these cost overruns and, you know, the White House had been building the argument that this was gross negligence.

And Trump sort of dismissed it all.

You know, cost overruns happen.

And then as quickly as it materialized, it all sort of faded away and we were on to the next thing.

And Powell is the person leading the Fed to cut interest rates against growing objections from his colleagues.

That's a good question.

And it's something that should come out in the fullness of time.

We've seen the administration go after other enemies of the president, Jim Comey, the former FBI director, Letitia James, the prosecutor in Manhattan.

So, you know, it's not like this is the first time we've seen

some sort of effort by the Justice Department to investigate or take a legal action against the people that Donald Trump doesn't like.

It was the first time he said what, you know, many people around the Fed have believed for months, which is that this isn't about building costs, overruns.

We don't.

We don't see that, you know, this all fits with a pattern of...

Interest rates are too high for the president's liking.