Trump Warns He’ll ‘Fire’ Fed Chair If He Refuses to Leave Until DOJ Probe Ends: ‘I Hate to Be Controversial’
President Trump threatened to fire Fed Chair Jerome Powell over a dispute involving a DOJ probe and renovation costs.
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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 refuses to vacate his post in May. The standoff follows a DOJ probe into Fed renovations, which Powell claims is a pressure tactic, while Trump cites incompetence and high costs.
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