Fed, Trump and Jerome Powell
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Fed, White House and Jerome Powell
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Federal Reserve Chair Jerome Powell is under fire from the White House, which accuses him of bungling a yearslong renovation of the Fed's headquarters and has suggested that it could be cause to fire him.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office
When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."
Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already.