Coin World reported that when U.S. President Trump visited the Federal Reserve headquarters, he expressed a hope that Powell would lower interest rates, while Powell stood by with a blank expression. The market's reaction to Trump's visit to the Federal Reserve was relatively mild. Previously, the number of initial jobless claims had decreased, suggesting that the job market is stable and does not require support from the Federal Reserve in the form of interest rate cuts. Trump's visit sharply contrasts with several recorded presidential visits to the Federal Reserve. Former U.S. President Roosevelt visited the Federal Reserve in 1937 to hold a groundbreaking ceremony for the newly built headquarters, which is one of the two Federal Reserve buildings currently undergoing renovation. The most recent visit was in 2006 when former U.S. President George W. Bush went to the Federal Reserve to attend Ben Bernanke's swearing-in ceremony as chairman of the Federal Reserve.