Fed, Trump and Jerome Powell
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Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,
Trump lambasted the Fed for its $2.5 billion renovation of its headquarters and another building ahead of a tour of the site.
President Trump is used to world leaders bowing down to him, and to cabinet members fawning over him. Jerome H. Powell, the chair of the Federal Reserve, took a different approach.