Trump, Powell and Federal Reserve
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Whatever the Fed chief’s errors, canning him early would be an economic and legal mistake.
High-profile criticism of some $700 million in cost overruns is said to be an effort to pressure Jerome Powell to quit.
By Ramishah Maruf, Tori B. Powell and Elisabeth Buchwald, CNN New York (CNN) — President Donald Trump said he had “no intention of firing” Federal Reserve Chair Jerome Powell on Tuesday. The ...
Kevin Hassett, President Donald Trump's top economic adviser, told reporters the White House is exploring how to fire Federal Reserve Chair Jerome Powell despite the position's legal guardrails.
The former president has previously claimed he can fire Powell, but legal experts aren't quite so sure. For the moment, Trump appears more focused on his legal problems as some in his orbit remain ...