“I’ll Have to Fire Him”: Trump Won’t End Probe, Says Fed Chair Must Step Down or Else
President Trump threatened to fire Jerome Powell and criticized multibillion-dollar cost overruns for Federal Reserve building renovations.
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President Trump threatened to fire Jerome Powell and criticized multibillion-dollar cost overruns for Federal Reserve building renovations.
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President Trump threatened to fire Federal Reserve Chairman Jerome Powell if he refuses to step down when his term as chair expires in May. Trump also promised to continue a criminal probe into alleged corruption and incompetence regarding the Fed's multibillion-dollar headquarters renovation.
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President Trump has threatened to fire Fed Chair Jerome Powell if he does not resign by May 15, citing alleged mismanagement of a multi-billion dollar headquarters renovation. Right-leaning outlets like Fox Business and The Daily Caller focus on Trump's accusations of "incompetence" and his push for nominee Kevin Warsh. In contrast, left-leaning sources such as RawStory and MS NOW frame the ultimatum as a personal "vendetta" that faces significant judicial and legislative pushback.
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