🔔 Jerome Powell after the closure: I will not resign.. and renovating the Federal buildings is not 'extravagance'

Powell defended the transparency of spending and the fundamental nature of the structural projects in the Federal buildings.

• He reaffirmed his steadfast intention to remain in his position until the end of his term despite political pressures.

• These statements come after market fluctuations following allegations of his possible removal, which were then denied by President Trump.