Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
Chairman Jerome Powell faces potential firing by President Trump over his refusal to leave the Fed during an ongoing federal investigation.
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 threatened to fire Federal Reserve Chair Jerome Powell if he remains on the Fed board after his chairmanship ends. The dispute centers on an investigation into Fed renovations that critics call a pretext to undermine central bank independence.
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