Jerome Powell’s Trump whiplash
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1don MSN
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.
Trump's push for Federal Reserve Chair Powell's resignation has sparked concern among investors over inflation risks and financial market volatility. Central bank independence is under scrutiny, with potential impacts on interest rates,
False claims that Fed Chair Jerome Powell has resigned are viral, but no official reports or statements support this; Powell has not announced his resignation.