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President Donald Trump, Fed President Jerome Powell’s meeting with the house to meet to be fired talks about the meeting with Republicans.
The plans to take the pressure campaign to the Presidency of the President of the Federal Reserve of the President of Donald Trump are becoming increasingly Jerome powder Interest rate reduction.
Wall Street Journal Journal Journal Economic Correspondent Nick Timiraos is part of Powell’s measured public answers – and more personal reactions – for threats to fire Trump.
I hope the work of Powell, Trump Amid Rift strengthens the candle
Powel’s connection to Fed, Amid Trump’s Assembly criticism was clear during the Hearing Committee for Financial Services in 2019. California Democrat Rep. Maxine watersThe committee, who chaired the committee, asked what to do if Trump fired.
“Mr. Chairman said, if you call today or tomorrow, he said,” I cease you. ” Pack, it’s time to go, “What would you do?”
Powell replied: “Well, of course I wouldn’t do it.”
“I can’t hear you” tone of the waters in the tone of an ingrat, laughter and even from the room, said with such an infection.
“I ” ” ” ” ” ” ” ” ” ”’S ” ” ” ”’S ”S”S ”S NOTHING.
“And you won’t be gathered and leaving?” Repeated the waters.
“No, Ma`am,” he replied.
“Because you think there is no authority of the president? Why would you not leave?” asked.
“What I say,” I intend to give me a four-year term and serve him, “said Powell.
Jerome Powell on June 25, 2025 in Washington, Housing and Urban Affairs Committee, Apartment and Urban Affairs. (ALR drago / Bloomberg / Getty Images)
According to Timiraos, Individual, Powell put his determination to lead the most influential central bank in the world.
“Never, I will never leave this work voluntarily until you never end this work. None, no one said,” said Powell. “You don’t see me go into a life ship,” he said, called a metaphor to solve a metaphor to continue the course.
“According to Timiraos, I do not have any situation I will not have to end my duration other than die,” he said.
Trump’s potential shortlist for the Fed Chair takes the shape
Tensions between Powell and Trump mainly deteriorate more than the interest rates and expansion of the Central Bank Monetary policy. Trump instructed the Fedin to reduce the degrees that the “hundred billion dollars” could save the nationality.
Powell, Trump’s Tariff’s influence on assessing the impact of Blitz, Powell has detained the Central Bank’s main debt from 4.25% to 4.5%.
President Donald Trump and Federal Reserve Chair Jerome Powell (Photo illustration / getty pictures)
So far, this month, Trump plans to apply a 30% tariff in imports Mexico and which forms all 27 countries The European Union.
These tariffs come to the heels of 50% of Brazil, which is 35% of Canadian goods and other tariffs in Canada and other tariffs. Declared tariffs will take effect on August 1.
Trump reduces the ratios to increase savings, but the economy is strong
Trump also criticized Powel for repair costs Federal reserve Headquarters in DC’s smoky sub-neighborhood.
Powell, last month, told MPs that the costs of expenditures are overdue and the level of inflation of the nation.
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“No new marble,” said Powel Senate told members of the Banking Committee. “There are no special elevators. There are no old elevators. There are no new water features. No bees and no roof gardens are not terraces.”
Not taxpayers, but in repair feeding, repair are expected to cost about $ 2.5 billion.
