U.S. President Donald Trump toured the Federal Reserve this week in the first instance of an incumbent leader visiting the central bank since 2006. Despite some visible squabbling with chair Jerome Powell over the construction costs of the Fed's new headquarters and Trump's repeated insistence to lower interest rates,

It’s a highly personal and confrontational escalation of Trump’s campaign to pressure the central bank to slash interest rates.

Treasury Secretary Scott Bessent suggested on Monday that the government could open an investigation into the Federal Reserve, which has drawn President Donald Trump’s wrath for refusing to lower interest rates.