Trump, Jerome Powell and federal reserve
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President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.
US President Donald Trump has shared an awkward exchange with Federal Reserve Chair Jerome Powell by squabbling over the price of renovations to the central bank’s headquarters.
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.