Trump can't fire Powell, so he's looking for another way to 'arrange' it...
As we say here: 'He who wants to beat a dog will always find a stick!'
How to compel Powell to resign on his own, or how to find the right cause for his dismissal, given that Trump doesn't have the right to do so directly, but a serious misstep could make it possible... With the help of like-minded friends and a devious narrative, it might be arranged:
Renovation of Fed headquarters in Washington, estimated to cost $2.5 billion - an increase from an initial estimate of $1.9 billion.
This renovation has sparked considerable controversy. Jerome Powell, the Chairman of the FED, is accused of misleading Congress regarding this renovation, leading to calls for his punishment and allegations of misconduct.
Bill Pulte, the Director of the Federal Housing Finance Agency (FHFA) and Chairman of Fannie Mae and Freddie Mac, has criticized Powell and called for a congressional investigation into his conduct.
Pulte described Powell's testimony before the Senate as misleading and the irregularities in the FED headquarters renovation project as part of a larger management failure at the bank.
According to Pulte, these accusations could be grounds for Powell's removal from office.
Pulte also criticized Powell's high-interest rate policies, which he believes are harming American citizens and the housing market.
Many Republicans, including William Pulte and President Donald Trump, are calling for Powell's resignation.
Trump has repeatedly criticized Powell, primarily over his stance on interest rates, and now also in connection with the FED headquarters renovation scandal.
On Wednesday evening (July 2, 2025), President Trump took to his social media platform, Truth Social, to call for Powell's immediate resignation.
Trump joined this call after Pulte accused Powell of political bias and misleading the Senate regarding the renovation costs.
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Powell, for his part, insists on the independence of the FED and its decisions on interest rates.
These events represent a new front in the political struggle over Jerome Powell's tenure and the FED's policies.
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And this is what happens to everyone who isn't completely loyal to the 'ruler of the universe.'
Elon, get ready! – one day you're great blood brothers, and the next day you're a bad migrant and he's deporting you to South Africa... 🤔"
