White House moves to bolster Trump’s case for Jerome Powell firing

White House moves to bolster Trump’s case for Jerome Powell firing


The White House moved Thursday with a clear aim to support President Donald Trump‘s possible firing of Federal Reserve Chairman Jerome Powell.

Trump has raged against Powell in recent months for not lowering interest rates. White House officials confirmed to the Washington Examiner on Wednesday that Trump has started asking Republican lawmakers about terminating Powell ahead of the scheduled conclusion of his term next year, though they cautioned against the idea that Powell would be fired in the immediate future.

Trump’s beef with Powell centers almost exclusively on interest rates, but he has also started criticizing the chairman for his management of the $2.5 billion renovation of two Fed buildings in Washington.

Trending: Sitting U.S. Senator Now Implicated in Russia Hoax Cover-Up

“I think it sort of is,” Trump told reporters when asked if the delays in the

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!