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.
Republicans believe Powell's testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
President Donald Trump on Thursday visited the Federal Reserve building to tour its renovations as he pushes the agency to cut interest rates. Trump was joined by Federal Reserve Chairman Jerome Powell and stood in the middle of the ongoing renovations during a press conference.
Tricia McLaughlin, the assistant secretary for the Department of Homeland Security, confirmed a report by the Washington Post that ICE ordered staff to place ankle monitors on all people enrolled in the agency's Alternatives to Detention program "whenever possible."
As president, Donald Trump doesn't get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed's headquarters