Trump, Jerome Powell and Fed
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President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell’s handling of an extensive renovation project on two Fed buildings could be grounds for firing.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
The president has accused Powell of being political and nicknamed him “too late” when it came time to adjusting interest rates.
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Powell Probably Keeping Rates High for Political Reasons, Trump SaysPresident Donald Trump criticizes Federal Reserve Chair Jerome Powell's building renovations and reiterates that Powell should lower interest rates. Trump said Powell is "probably" keeping rates high for political reasons.