Jerome Powell, Trump
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A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.
FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, moves to the podium at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome
Heat’s Norman Powell Makes Eye-Opening Tyler Herro Statement Following 3-Team Trade originally appeared on Athlon Sports. The Miami Heat acquired fringe All-Star scorer and ex-Los Angeles Clippers guard Norman Powell through a blockbuster 3-team deal including the Clippers and Utah Jazz on Monday.
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White House budget director Russell Vought said in a social media post that Jerome Powell 'has grossly mismanaged the Fed' as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington offices.
Secretary of State Marco Rubio and Middle East Special Envoy Steve Witkoff are meeting with Prime Minister Benjamin Netanyahu at Blair House on Monday ahead of his dinner with President Donald Trump, a White House official confirmed to ABC News.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
While continuing to run a deficit since FY23 (the first time in the Fed's history), the Fed is way over budget on the renovation of its headquarters.
A potential ouster of Federal Reserve chair Jerome Powell by U.S. President Donald Trump could "collapse" both the currency and bond markets and would lead to a spike in inflation expectations, Deutsche Bank said on Friday.