Fed, Trump and Jerome Powell
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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.
Anna Paulina Luna to refer Jerome Powell to DOJ over perjury allegations related to Fed headquarters
Powell has been accused of lying to Congress about the project after he testified last month that there would be no "VIP dining room," "new marble," or "special elevators," despite government planning documents indicating otherwise.
Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,
President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he appointed to the position in 2017. The move followed months of criticism by Trump of Powell,
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely."