Jerome Powell, Fed and Trump
Digest more
Texas, Trump and FEMA
Digest more
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
White House budget chief Russell Vought on Thursday accused Federal Reserve Chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism
Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave false information to Congress, it would be reason enough for him to resign. Trump added that the country needs someone in the position who would lower interest rates.