President Donald Trump calls the president of the Fed, Jerome Powell, to “resign immediately”
The press secretary of the White House, Karoline Leavitt, said on Monday that President Donald Trump had sent a letter to the president of the Fed, Jerome Powell, showing lower interest rates in other countries.
In the last climbing of the quarrel between President Donald Trump and the president of the federal reserve Jerome Powell, the president seemed to ask Powell to resign after the chief of the Federal Housing Finance Agency (FHFA) presumed that Powell gave a “deceit” testimony to the Congress.
Trump expressed his frustration with regard to Powell for months for refusing to reduce the interest rates of the Fed, which, according to him, cost the United States a “fortune”.
Trump on Monday sent a note to Powell stressing how other countries around the world have lower interest rates compared to the United States, and he continued to welcome Powell to maintain “artificially high” rates.
“” Jérôme, you are, as usual, too late. You cost a fortune in the United States and continue to do so “, said on Monday the press secretary of the White House, Karoline Leavitt, reading Trump’s note to Powell. “‘You should lower the rate of many. Hundreds of billions of dollars are lost and there is no inflation.'”
Trump sends “Mr.” Too late “Jerome Powell Fiery notes the failures of interest rates that cost us a” fortune “
President Donald Trump and the president of the Fed, Jerome Powell, (Getty Images / Getty Images)
Trump republished a Bloomberg article on Wednesday on the Call of the FHFA chief to an investigation into Powell on his social account of truth.
Trump wrote: “” Too late “should resign immediately !!!”
Earlier Wednesday, the director of FHFA, Bill Pulte, published a declaration on X, calling for the congress to investigate Powell’s deceptive testimony, which, according to him, was a sufficient reason for dismissal.
“I ask the Congress to investigate President Jerome Powell, his political bias and his deceptive testimony of the Senate, who is enough to be deleted” for good “, wrote Pulte.
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Jerome Powell, president of the Governors of the Federal Reserve, attended a symposium from the Central Bank at the Grand Hotel in Stockholm, Sweden, January 10, 2023. (Claudio Bresciani / TT News Agency / AFP via Getty Images / Getty Images)
As a testimony to the Senate Banks Senate Committee last week, Powell rejected concerns about irresponsible expenses by renovating the Fed headquarters in Washington, DC
Pulte cited senator Cynthia Lummis, R-Wyo., He said Powell said ” [Senate] Committee concerning the dining room and the Fed plush elevator, light wells, the characteristics of the water and the roof terrace. “”
“The renovation scandal of the $ 2.5 billion building in Jerome Powell asks herself to the high sky, and he lied when he asked him about the details in front of the congress. It is nothing less than embezzlement and is worthy of”, “wrote Pulte. “President Powell must be investigated immediately by the congress.”
Trump slaps President Nu Powell so as not to reduce the rates: “ average mental person ”
Representative Jim Jordan, a Republican of Ohio and president of the Chamber’s Judicial Committee, speaks during an audience in Washington, DC, on March 12, 2024. (Al Drago / Bloomberg via Getty Images / Getty Images)
Speaking with Bloomberg on Wednesday, the president of the house Jim Jordan, R-Ohio, answered Pulte’s call for an investigation into Powell, saying: “We did not specifically discuss”, but “everything is on the table.
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“We are going to examine this. Part of our constitutional duty is to monitor the executive power and, in our committee, we also monitor the judiciary.”
A Fed representative refused to comment.
