Trump Shreds Fed Chair Jerome Powell
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Show" host Jordan Klepper breaks down exactly why Trump is so angry at his Federal Reserve Chair Jerome Powell
Jerome Powell has responded to sharp criticism from the Trump administration about renovations to the Fed’s offices, answering questions about changes to the project as well as reaffirming the central bank’s commitment to “transparency for our decisions and to be accountable to the public.”
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
Anna Paulina Luna to refer Jerome Powell to DOJ over perjury allegations related to Fed headquarters
Powell has been accused of lying to Congress about the project after he testified last month that there would be no "VIP dining room," "new marble," or "special elevators," despite government planning documents indicating otherwise.
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
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A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.