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 board after his term as chair expires.
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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 Trump threatened to fire Federal Reserve Chair Jerome Powell if he remains on the bank's board after his term expires. The threat escalates a conflict involving a DOJ investigation into Fed construction costs and a Senate standoff over Powell's successor.
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