White House, Fed and Trump
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Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Attorney Sidney Powell, who has repeatedly pushed baseless conspiracy theories about the 2020 election, was spotted leaving the White House late Sunday evening just days after a heated Oval Office ...
As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.” Powell’s awkward laugh in the moments that followed underscores how Trump is publicly challenging the Fed in a way never seen in the history of the central bank.