Fed chair Jerome Powell calls out Donald Trump
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The director of the Federal Housing Finance Agency has made the removal of the Fed chair his personal mission.
The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,
William Pulte, a political appointee with little housing policy experience, is using his federal post and massive social media following to attack the Federal Reserve chief—and grab Trump’s attention.
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In July 1988, Mike Dukakis was leading the presidential race versus George H.W. Bush — but not for long. A little later that summer, the Democratic nominee agreed to do a photo-op in a battle tank with an army helmet perched awkwardly on his head.
President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “ a moron ” and “ a political hack ,” threatening him with criminal prosecution — while he just takes it.
Trump reportedly shows draft firing letter as Powell exit odds jump after Rep. Luna's post shakes markets. In a sudden turn of events, President Donald Trump said he was "not planning on doing anything" to get rid of Federal Reserve Chair Jerome Powell, reported CNBC.
But when asked if the issue of the over budget renovations gave him cause to fire Mr. Powell, Mr. Trump said he doesn’ t want to get personal, and that he was only visiting the site along the National Mall in Washington for a tour.
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.” Powell’s awkward laugh in the moments that followed underscores how Trump is publicly challenging the Fed in a way never seen in the history of the central bank.