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US Central Bank: "Immediately" - Trump calls for Powell's resignation as Fed Governor

The Fed's Inspector General has found no evidence of criminal wrongdoing in the central bank's renovation. Trump nevertheless demands Powell to resign as Fed governor.

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US Central Bank: "Immediately" - Trump calls for Powell's resignation as Fed Governor

The internal auditor of the US Federal Reserve found no evidence of criminal or administrative misconduct in the cost overruns of a multi-billion-dollar building renovation project. The 120-page report, released on Wednesday, cleared the project of federal criminal wrongdoing. Despite this, former US President Trump called for Federal Reserve Chairman Powell to resign from the central bank's board, citing the project's massive budget overrun.

Trump also suggested that Powell should be sued for corruption or incompetence if he does not resign.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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