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Donald Trump Slams Jerome Powell, Says “He’s Terrible” Amid $2.5B Fed Controversy

  • President Trump has called for Federal Reserve Chair Jerome Powell's resignation if allegations of misleading testimony about the cost of Fed headquarters renovations are confirmed.
  • Trump is considering potential replacements for Powell amidst accusations of bias in policy decisions and failure to cut interest rates.
  • Allegations against Powell include misleading Congress about the $2.5 billion Fed renovation costs, prompting calls for his immediate resignation.
  • Trump has a shortlist of contenders, including Treasury Secretary Scott Bessent, Kevin Hassett, and Michelle Bowman, for the Fed Chair position.

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