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Trump Pressures Powell to Resign Again!

On July 2nd local time, U.S. President Trump shared an article titled "Federal Housing Finance Agency Director: Federal Reserve Chairman Should Face Congressional Investigation" on social media. Trump commented that "Mr. Too Late" should resign immediately. Previously, Trump referred to Federal Reserve Chairman Powell as "Mr. Too Late" on social media.

Federal Housing Finance Agency Director Mark Calabria stated on social media on the 2nd that he is calling for Congress to investigate Powell’s political bias and his deceptive testimony in the Senate, actions that are sufficient to warrant his dismissal. Calabria believes that Powell made inaccurate statements regarding the Federal Reserve's headquarters renovation plans without providing evidence.

Earlier media reports indicated that the cost of the Federal Reserve's headquarters renovation project had skyrocketed and included several luxury facilities. During last week's Senate hearing, Powell questioned certain aspects of the reports, stating that they were "misleading and inaccurate in many ways." #特朗普马斯克分歧 $BTC