Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
President Trump threatened to fire Jerome Powell if the Fed Chair remains on the governing board past his term expiration in May.
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Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell49 articles·46 sources·Avg cred 64/100
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tl;dr
President Donald Trump threatened to fire Fed Chair Jerome Powell if he remains on the central bank's governing board after his chairmanship ends, amid a contentious investigation into a $2.5 billion renovation project.
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