Trump, Powell
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Sen. Mike Lee (R-UT) deleted a social media post on Tuesday featuring a fake resignation letter supposedly written and signed by Federal Reserve Chairman Jerome Powell. Lee initially celebrated Powell’s alleged departure from the central bank before quickly deleting the post.
President Trump on Thursday is taking a tour of the Federal Reserve with Chair Jerome Powell in tow. Powell and Trump walked side-by-side in hard hats. Trump was touring renovations at the
Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the Fed has not only badly hamstrung monetary policy for years but has stuck the taxpayer with a massive bill atop a general cost-of-living crisis.
The Trump administration is sending mixed messages about whether Fed Chair Jerome Powell should stay with the central bank until the end of his term.
4dOpinion
The New Republic on MSNGOP Senator Falls for Obviously Fake Resignation Letter From PowellRepublican Senator Mike Lee joined the MAGA chorus sharing a typo-filled letter claiming to be from Fed Chair Jerome Powell.
15don MSNOpinion
There are any number of rumors that Jay Powell is being forced to resign. President Donald Trump, of course, is on his case daily for not dropping interest rates in line with low inflation.
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.