Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell
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Fed, Jerome Powell
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Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
Mike Lee, a Utah MAGA loyalist, posted and then deleted a tweet celebrating Powell’s supposed resignation on Tuesday with a copy of the fake letter
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.
The letter surfaced as President Donald Trump has bludgeoned the Federal Reserve chairman with criticism over his refusal to cut interest rates.
The war between the Trump administration and Fed Chair Jerome Powell has ratcheted up, with a top Trump ally in Congress referring Powell to the Department of Justice for criminal charges. Representative Anna Paulina Luna,
Republican U.S. Representative Anna Paulina Luna made good on her threat last week to refer Federal Reserve Chairman Jerome Powell to the Justice Department, Fox News reported on Monday, amid U.S. President Donald Trump's ongoing complaints about the Fed chair.
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.