GOP Rep. Refers Fed Chair For Criminal Prosecution https://trendingpoliticsnews.com/gop-rep-refers-fed-chair-for-criminal-prosecution-mstef/ Jerome Powell, the Federal Reserve chairman whom President Donald Trump has openly mused about firing, may become the focus of an investigation after a GOP congresswoman referred him for criminal prosecution. Rep. Anna Paulina Luna (R-FL), a close ally to Trump, accused Powell of perjury as he works to steer the nation’s bank through a $2.5 billion renovation of its Washington, D.C. headquarters that’s already gone far over budget. Powell testified to the U.S. Senate Banking Committee last month, where he provided answers that members of the Trump administration have slammed as a “deceptive” characterization of the profligate spending taking place on his watch. “I am criminally referring Jerome Powell to the DOJ to investigate perjury regarding his crazy $2.5BN building,” Luna wrote in a social media post that has already racked up 1.3 million views.
Trump Has Drafted A Letter To Fire Key Official https://trendingpoliticsnews.com/report-trump-has-drafted-a-letter-to-fire-key-official-mstef/ President Donald Trump has reportedly drafted a letter to fire Federal Reserve Chairman Jerome Powell, setting the stage to follow through on a threat to try and terminate the top U.S. economist over his refusal to lower interest rates despite declining inflation and signs of a resilient economy. The letter was shown to top Republican leaders during a meeting in the Oval Office on Tuesday night. Roughly a dozen Republican lawmakers attended the briefing and were polled by Trump about whether he should remove Powell, according to two people briefed on the meeting.
Hardball Trump is angry, good go ahead start up the chainsaw. Match Bank of Japan's 0.5% interest rate.