The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
President Trump has seized on Jerome H. Powell’s renovation of the Federal Reserve’s headquarters as a potential reason to fire him, intimating that he engaged in “fraud.”