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 he remains at the Federal Reserve after his chairmanship expires next month.
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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 Fed Chair Jerome Powell if he remains on the central bank's board after his term as chair ends. The move comes amid a DOJ investigation into Fed renovations that critics call a pretext to undermine central bank independence.
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