Trump officials to visit Fed amid renovation probe, Semafor reports

News | July 21, 2025
FILE PHOTO: Donald Trump and Jerome Powell are pictured in Washington

(Reuters) -U.S. President Donald Trump’s administration wants to visit the Federal Reserve this week to review its $2.5 billion renovation, Semafor reported on Monday, citing White House Deputy Chief of Staff James Blair.

Senate Banking Chair Tim Scott is in talks to attend the visit as well, the report added, citing a person familiar with the plans.

(Reporting by Devika Nair in Bengaluru; Editing by Sharon Singleton)