How Trump Is Using Building Renovations as a Way to Oust Fed Chair Powell | WSJ News
WSJ Newsยท2025-07-17 02:51
President Trump says he's not planning to fire Federal Reserve Chair Jerome Powell. I I don't rule out anything, but I think it's highly unlikely. But in recent days, the Trump administration has been ramping up its pressure on the Fed chair over a $2.5% billion renovation of the central bank's office buildings overlooking the National Mall in Washington. People are taking seriously this is a credible threat to possibly try to remove the Fed chair. He should have cut interest rates a long time ago. Donald T ...