Fed, Jerome H. Powell and Defends Renovations
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The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.
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The New Republic on MSNTrump Rips Jerome Powell as Feud Shows No Sign of Cooling DownPresident Trump on Friday morning threw barbs at Trump-appointed Federal Reserve Chairman Jerome Powell, against whom he’s railed over and over again in recent months due to the Fed’s refusal to cut interest rates.
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
President Trump again said Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.
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Cryptopolitan on MSNTrump says Fed Chair Powell “demeans the great credit of the USA”Trump is tearing into Jerome Powell once again, this time for what he says is complete disrespect for America’s financial strength.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.
OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington,
Federal Reserve Chair Jerome Powell is facing mounting accusations from lawmakers and former officials who say he misled Congress about the scope and cost of a $2.5 billion renovation to the Fed's Washington headquarters.
President Trump again said Jerome Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.