10 hilarious memes after Fed Chair Jerome Powell fact-checks Trump on live TV: 'Not today Donny!'

The moment occured when Trump took out a piece of paper claiming the cost of the Federal Reserve’s renovation project had surged to $3.1B
President Donald Trump and Federal Reserve Chair Jerome Powell look at a piece of paper as they tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025, in Washington, DC (Getty Images)
President Donald Trump and Federal Reserve Chair Jerome Powell look at a piece of paper as they tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025, in Washington, DC (Getty Images)


 

WASHINGTON, DC: President Donald Trump visited Federal Reserve Chair Jerome Powell's headquarters on Thursday, July 24, after criticizing him everywhere - on social media and in front of reporters.

The POTUS called out Powell regarding the renovation costs of the Fed's headquarters, after which the banker fact-checked him on live TV. The hilarious moment occured when Trump took out a piece of paper claiming the cost of the Federal Reserve’s renovation project had surged to $3.1 billion, compared with the Fed's official figure of $2.5 billion.

"It's about $3.1 billion now — it went up a little bit, or maybe a lot. It was $2.7 billion, and now it's $3.1," Trump said. "I'm not aware of that," Powell replied. "It just came out," Trump responded. "I haven’t heard that from anyone at the Fed," Powell added.

Powell then grabbed the piece of paper to read it.

"Are you including the Martin renovation? You just added in a third building," Powell pointed out. Trump replied, "It’s a building that’s being built." Then Powell clarified, "It was built five years ago. We finished Martin five years ago."

The awkward moment between Trump and Powell led to several hilarious memes across social media.

Let us take a look at 10 hilarious memes after Fed Chair Powell fact-checked President Trump on live TV.

Donald Trump and Federal Reserve Chair Jerome Powell talk to reporters while touring the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. Trump has been critical of the cost of the renovation, blaming Fed Chair Jerome Powell, whom he has called a
Donald Trump and Federal Reserve Chair Jerome Powell talk to reporters while touring the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025, in Washington, DC (Chip Somodevilla/Getty Images)

1. 'Not today Donny'



 

X user @ENiceFilms1 posted a screenshot of Jerome Powell's expression from Thursday, where the Fed Chair had a blank and serious look on his face as the caption of the post read, "Not Today Donny".

2. The laughing woman



 

In this meme, X user @sonoran_soul posted a GIF of a woman laughing out loud as the caption of the post read, "LOVE! Married a banker and would do it again and again and again. Truth matters. Facts matter!" It seemed like a praise for Jerome Powell for fact-checking the POTUS.

3. Leonardo DiCaprio pointing meme



 

@Lil__DoubleG1 simply posted a GIF of the famous Leonardo DiCaprio meme from the film 'Once Upon A Time in Hollywood' where his is seen pointing a finger towards the TV screen while holding a glass in his hand.

4. The standing ovation



 

In this meme, @SubstanceEducat posted a GIF of a group of people giving a standing ovation as the caption read, "Fabulous as so few fact check trumps lies to his face! That’s how it should always be done!"

5. 'Jerome's in the house'



 

@K_Ruggs came up with the hilarious GIF meme from the 1990s sitcom 'Martin', where the character Jerome McElroy is seen dancing and singing, "I say Jerome's in the house".

6. 'That was funny'



 

@Trust2withfaith posted a picture of a young girl laughing as the texts in the picture read, "That was funny! Say some more stupid shit." The user mentioned in the caption, "Thanks #Jerome Powell for keeping THEM HONEST."

7. The dunce cap



 

@gonglez159 posted an edited picture from the Thursday fact-check moment, where Jerome Powell was seen wearing a pointed birthday cap that had a text that read, "Dunce".

8. The John Cena meme



 

X user @NeekoC18 posted a GIF of a shocked John Cena as the caption read, "How is it old a** Jerome Powell knows how to fact check Trump more then 99% of MSM?"

9. 'Perfection'



 

@AfterHoursFP used the 'Perfection' meme template from the movie 'X-Men: First Class' and captioned the post, "The comedy."

10. The Danny Devito meme



 

In this funny meme, X user @SevInParis posted a GIF of actor Danny Devito shaking his head exactly like Jerome Powell and saying "Nope". The user captioned the post, "I love his face."

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online

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