US Edition
Trump says Powell should ‘resign immediately’
- Trump demanded Powell resign immediately on Truth Social amid escalating feud and allegations of deceptive testimony, prompted by Pulte's investigation call.
- Following Trump’s rate criticism, Pulte called for Congress to investigate Powell’s deceptive Senate testimony about a $2.5 billion Fed HQ renovation, amid months-long frustration over steady interest rates.
- The 1935 US Supreme Court ruling restricts Fed chair removal to 'for cause,' and Powell states law forbids forced resignation, making his departure unlikely without misconduct.
- The Fed declined to comment on Trump’s call for Powell's resignation, while lawmakers like Jim Jordan consider investigations, and markets, including crypto, remain volatile.
- With Powell’s term lasting until May 2026 and legal protections in place, congressional investigations remain unlikely without cause, despite Trump’s repeated calls for resignation.
60 Articles
60 Articles
TOFU TACO calls for Jerome Powell to resign over a roof garden
The Federal Reserve building needs to be renovated. The National Capital Planning Commission has the explanation of why: The Federal Reserve Board is proposed to renovate and expand the Eccles Building and the FRB-East building to address a critical...
'Illegal and unethical': Analyst flags evidence Trump shared 'confidential info'
Donald Trump may have broken the law by hinting at confidential information via his social media, according to an economist and professor.Trump on Wednesday evening took to Truth Social to attack a man who Trump himself appointed to his position as the Fed chair: Jerome Powell.“'Too Late' should resign immediately!!!" Trump wrote, quoting a Bloomberg article that's titled, "Fed Chair Should Be Investigated by Congress, FHFA Head Says."Trump was …
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Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
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