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Powell Hall Seating Chart

Powell Hall Seating Chart - Powell asks watchdog to probe fed hq renovations as trump pressure grows the move comes amid speculation that trump, who has clashed with powell over interest rates,. Federal reserve chair jerome powell has faced significant criticism from the trump administration over the central bank's stance on holding interest rates steady in recent. But can trump fire powell? “traditionally, the fed chair also steps down as a governor. Us treasury secretary scott bessent suggested that federal reserve chair jerome powell should step down from the central bank’s board when his term as chair is up in. The treasury secretary also stated his preference that powell step down from the fed entirely when his term ends. And does it even matter? The white house uses an overbudget renovation of fed headquarters to pressure fed chair powell out of his job. Central bank would likely have begun cutting interest rates again if not for the plan to enact higher levies on imports, the fed chief said. Treasury secretary scott bessent on tuesday said that the process to pick a new chairman of the federal reserve has started, ahead of chair jerome powell’s term ending in.

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