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Trump demands Powell resignation over Fed renovation costs, orders AG review
La RepúblicaLO·US·3 days ago
President Trump publicly called for Jerome Powell to be forced off the Federal Reserve Board, citing cost overruns at the Fed's Washington headquarters and a criminal investigation into the project. Powell remains a board member after his chairmanship ended. This escalates political pressure on the central bank's independence, though removal would require legal grounds and is uncertain.
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