Fed, Powell and White House
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President Donald Trump threatened on Wednesday to fire Federal Reserve Chair Jerome Powell, citing cost overruns in Fed building renovations as a potential cause. While Trump has since played down the idea,
President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office
When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."