The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, the chair of the Federal Reserve.
White House officials have focused their attention on the cost of renovating the Federal Reserve building, suggesting that the $2.5 billion makeover could be grounds for sacking Jerome H. Powell.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
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