Once again Trump threatens to fire Fed Chair Jerome Powell
President Trump has repeated threats to fire Jerome Powell and continues to support a Justice Department probe into the Federal Reserve.
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President Trump has repeated threats to fire Jerome Powell and continues to support a Justice Department probe into the Federal Reserve.
President Trump has renewed threats to fire Federal Reserve Chair Jerome Powell as his term nears expiration, while a Justice Department investigation into Fed headquarters costs creates a standoff in the Senate over confirming a successor.
Senator from North Carolina
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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