Trump floats firing Federal Reserve chair
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President Donald Trump has denied plans to dismiss Federal Reserve Chair Jerome Powell, despite ongoing criticism for not lowering interest rates. Speculation of Powell's firing affected markets, but Trump denies definitive intentions,
US President Donald Trump said he is not planning to fire Federal Reserve Chair Jerome Powell, despite criticising the central bank chief for not lowering interest rates.
That sent markets on a downward journey before Trump told reporters he was not planning to fire Powell. The whipsaw was very similar to the on-off nature of Trump’s tariffs announcements that have also rattled markets.
President Trump has denied plans to fire Federal Reserve Chair Jerome Powell despite frequent criticism. The issue has caused market fluctuations and debate within political circles. Republican Senator Thom Tillis has defended the Fed's independence,
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Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,
President Trump has escalated his attacks on Federal Reserve Chair Jerome Powell, suggesting he could be fired over a $2.5 billion headquarters renova
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Amazon S3 on MSNFed Pushes Back on Trump’s Criticism, Defends $2.5B RenovationThe Federal Reserve defended its $2.5 billion headquarters renovation project in a detailed FAQ posted Sunday. It asserted that the upgrades are essential to modernize two aging buildings on the National Mall,
President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal.
Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."
President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central bank to lower interest rates.