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'Talking to a chair': Trump reveals how he plans to fire Jerome Powell; slams Fed spending

IndiaTimes Wednesday, 16 July 2025
President Trump has escalated his attacks on Federal Reserve Chair Jerome Powell, suggesting he could be fired over a $2.5 billion headquarters renovation. Trump criticized the cost and Powell's leadership, while economists warn that undermining the Fed's independence could have serious consequences. Powell has requested a review of the project amid ongoing pressure for lower interest rates.
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