Trump Asked If He Saw 'Mismanagement' During Tour Of Federal Reserve Building

4 months ago

Speaking to reporters on Thursday, President Trump was asked if he saw "mismanagement" during his recent visit to the construction site of a Federal Reserve building.

Transcript

00:00been my friend for a long time a number of construction sites did you see this management

00:04going on or funds that aren't well i see a very luxurious situation taking place let's put it that

00:11way and i was given a very nice tour by the head of construction and you know look if you look over

00:17here they're trying to open up the basement when you open up a basement first of all it's the worst

00:22space always a basement is the worst space in a building and it's also the most expensive space to

00:27build and especially here because you have a water line you know you they're going down into the

00:31water so they have to build a reverse what's called a reverse bathtub the water has to be kept out it's

00:37very expensive construction so uh would have been good if they didn't build it would have been good

00:41if they didn't do certain other things if if you look at the uh kind of protection in the hall have

00:48you been able to get in the hall you saw the protection of plywood i mean that was a lot of

00:52money just to protect it for a period of time uh i would have done it very gingerly and easily and

00:58not have to spend you know millions of dollars on protection and there are things that could

01:03have been different look look there's always monday morning quarterbacks i don't want to be that

01:08i want to help them get it finished it's been going around for years and i want to help them get

01:12it finished and what we really want to do and i think i can speak for tim and i think i can speak

01:17for the entire senate we can uh speak for everybody frankly is we want to see interest rates come down

01:24our country is booming and the interest rates is a final little notch and if you look at europe they've

01:31lowered 11 times 11 times in a short period of time we've lowered zero and you know they are competition

01:39although we're in the process of probably making a very good deal with them too they they want to make

01:44a deal very badly very badly so we're making a deal we just completed our deal with indonesia we

01:50just completed our deal with the philippines we're making unbelievable deals and the money is pouring

01:57in we want to get interest rates down

Trump Asked If He Saw 'Mismanagement' During Tour Of Federal Reserve Building

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