President Trump Demands Jerome Powell Resign Immediately From the Federal Reserve Board
President Donald Trump has called for Jerome Powell to resign immediately from the Federal Reserve Board.
The latest demand follows ongoing tensions regarding central bank policies and the fallout from a federal watchdog report detailing cost overruns tied to the Federal Reserve's headquarters renovation project. Although Powell's term as Fed Chair concluded earlier, he has continued to maintain his seat as a member of the central bank's Board of Governors.