Federal Reserve-Trump
Trump demands Fed's Chair Powell 'resign immediately'
US President Donald Trump has demanded Federal Reserve Chair Jerome Powell "resign immediately."
In a post on his social platform Truth Social on Wednesday, Trump linked to an article about comments from Bill Pulte, head of the Federal Housing Finance Agency, who called on Congress to investigate Powell over his alleged political bias and deception of the Senate.
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According to Xinhua, Trump has previously threatened to remove Powell from his position before his term expires next year, repeatedly lambasting the Fed chair for not cutting interest rates.
5 months ago