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Trump calls on US central bank head to quit immediately
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US President Donald Trump has called for the chair of the Federal Reserve to quit right away, in an escalation of his attacks on Jerome Powell.
"'Too Late' should resign immediately!!!", Trump said in a post on his Truth Social platform.
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He also included a link to a news article about a US federal housing regulator calling for Mr Powell to be investigated over his testimony about renovations to the central bank's Washington headquarters.
Trump nominated Mr Powell to be the Fed chair during his first term. Since then, he has repeatedly criticised him for not cutting interest rates but it is unclear whether the president has the authority to remove him from the post.
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"'Too Late' should resign immediately!!!", Trump said in a post on his Truth Social platform.
#Write2Earn
He also included a link to a news article about a US federal housing regulator calling for Mr Powell to be investigated over his testimony about renovations to the central bank's Washington headquarters.
Trump nominated Mr Powell to be the Fed chair during his first term. Since then, he has repeatedly criticised him for not cutting interest rates but it is unclear whether the president has the authority to remove him from the post.
#TrendingTopic
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