Prosecutors seek access to Federal Reserve building as Trump threatens to fire Powell
President Trump reiterated his threat to fire Federal Reserve Chair Jerome Powell and affirmed his desire to continue the investigation into the Fed's renovation project.
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Federal prosecutors sought access to the Federal Reserve building amid an ongoing investigation into a $2.5 billion renovation project, as President Trump reiterated threats to fire Fed Chair Jerome Powell. Senator Thom Tillis is blocking Trump's Fed chair nominee until the probe is dropped, despite a judge finding the investigation's premise 'pretextual'.
ALSO MENTIONED James Boasberg, U.S. District Judge involved in the investigation; Jeanine Pirro, U.S. Attorney whose office is conducting the investigation; Kevin Warsh, Trump's nominee for Fed chair; Lisa Cook, Another central bank governor facing a potential firing challenge by Trump; Robert Hur, Attorney for the Federal Reserve board
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.
Thom Tillis
