Jan 15, 2026
Trump Confirms Jerome Powell Will Stay in Position Amid DOJ Probe
TLDR Trump confirmed he has no current plans to fire Fed Chair Jerome Powell despite an active DOJ investigation. The investigation focuses on $2.5 billion in cost overruns at the Fed’s headquarters renovation project. Trump stated it’s “too early” to say what action he might take regarding Powell’s future. Trump accused Powell of stifling economic [...]
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