Trump Threatens to Fire Fed Chairman if He Doesn’t Resign in May
Jerome Powell has refused to resign and maintains that the President lacks the legal authority to fire him.
Part of a bigger event
Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell23 articles·21 sources·Avg cred 64/100
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tl;dr
President Trump has threatened to fire Federal Reserve Chair Jerome Powell if he does not vacate his position by May 15. The move escalates a long-standing feud over interest rates and a DOJ investigation into Fed building costs.
Discussion
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