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Trump Says Powell Should Be Forced to Resign From Fed Board
Source: Bloomberg
Monetary PolicyManagement & GovernanceElections & Domestic Politics
President Donald Trump called for former Federal Reserve Chair Jerome Powell to resign from the Fed’s board following a report citing missteps in the central bank headquarters renovation that drove costs higher. The episode raises governance and political-pressure concerns around the Federal Reserve, though no specific cost figure or policy implication was disclosed.
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