Trump Demands Powell Resign Over $2.5B Fed Renovation
The clash turns a construction controversy into a central-bank independence test, adding political risk around the Fed at a sensitive macro moment.
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The clash turns a construction controversy into a central-bank independence test, adding political risk around the Fed at a sensitive macro moment.
The remark puts central bank independence back in focus for investors watching US rate policy and political pressure on the Fed.
Jerome Powell has warned that the Federal Reserve's institutional integrity cannot withstand officials being removed…