In a rare and awkward public encounter, President Donald Trump and Federal Reserve Chairman Jerome Powell showcased their strained relationship during a visit to the Fed's headquarters.

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Markets jump after Powell rebuffs Trump

William Pulte, a political appointee with little housing policy experience, is using his federal post and massive social media following to attack the Federal Reserve chief—and grab Trump’s attention.

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.

President Trump on Thursday is taking a tour of the Federal Reserve with Chair Jerome Powell in tow. Powell and Trump walked side-by-side in hard hats. Trump was touring renovations at the

"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.

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

Can the Next Fed Chair Truly Be Independent From Trump’s Influence? ... President Trump has sought to disparage Mr. Powell on a personal level for failing to heed his call to cut interest rates.

Michael Schaffer is a senior editor and columnist at POLITICO Magazine. He has covered national and local politics for over 20 years and spent seven years as editor-in-chief of the Washingtonian. His Capital City column chronicles the inside conversations and big trends shaping Washington politics.