Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
Jerome Powell maintains that the DOJ investigation into Fed renovations is a pretext to undermine the central bank's independence.
Part of a bigger event
Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell23 articles·21 sources·Avg cred 64/100
Mixed
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.
Discussion
What's your take?
Loading comments...