Trump Says Fed Chair Jerome Powell 'Should Resign Immediately'
HuffPost
The president has been angry with Powell over the U.S. central bank's hesitance to succumb to his demand for lowering interest rates.
President Donald Trump on Wednesday dramatically escalated his rhetoric against Federal Reserve Chair Jerome Powell, calling for the resignation of the U.S. central bank chief.
Trump cited a Bloomberg article reporting that Bill Pulte, the head of the Federal Housing Finance Agency who has frequently criticized Powell, called for a prompt investigation into Powell, accusing him of delivering “deceptive Senate testimony” on the Fed building’s renovation project.
Trump seemed to endorse Pulte’s statement, urging Powell to step down from his role.
“‘Too Late’ should resign immediately!!!” Trump wrote on this Truth Social platform.
Powell’s term is set to expire in May 2026, but Trump is already mulling his replacement.
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"Wait, what??????" Katie Couric wrote in response to Kirk's opinion.
The GOP senator claims it was “entirely lawful” that the U.S. military launched a follow-up strike to kill survivors of its first strike in the Sept. 2 attack.
The report comes as the defense secretary is engulfed in a controversy over a “double tap” strike on an alleged drug smuggling boat.
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The case had frustrated authorities for years as they had failed to identify the person responsible for placing the bombs.
Sydney Sweeney entered the Fox News conversation that came to an eye-rolling conclusion.
The lawsuit accuses the Defense Department of violating reporters' First Amendment rights.