US president has pressured Powell to lower interest rates and criticised him for the Federal Reserve’s renovation costs.
United States President Donald Trump has suggested that Federal Reserve Chief Jerome Powell could face a lawsuit over renovation costs for the central bank’s nearly century-old headquarters.
The threat, issued on Tuesday in a post on Truth Social, is the latest salvo in Trump’s ongoing pressure campaign against the central bank leader.
The two have clashed over…
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News Source: www.aljazeera.com
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