Donald Trump has renewed his threat to fire Jay Powell and ruled out dropping a criminal investigation into the US Federal Reserve chair over renovations of the central bank’s Washington headquarters.
The president said on Wednesday that if Powell did not leave when his term ends on May 15 he would sack him and insisted the Department of Justice probe would continue despite mounting pressure to abandon it.
“I’ll have to fire him. OK? If he’s not leaving on time,” Trump said in an interview on Fox Business. “I’ve held back firing him. I’ve wanted to fire him but I hate to be controversial.”
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