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Kiplinger
Kiplinger
Business
David Dittman

Can Trump Fire Powell?

President donald trump fed chair jerome powell.

Though the Supreme Court recently issued an opinion suggesting at least six justices would rule against it, "Can Trump fire Powell?" may be a moot question as the White House explores its power to try to get what the president wants: lower interest rates.

The Office of Management and Budget, for example, has cited cost overruns for the project to renovate facilities in Washington D.C. as evidence of Fed Chair Jerome Powell's broad mismanagement of the central bank.

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