This article discusses President Trump’s renewed threats to fire Federal Reserve Chair Jay Powell over renovation costs, with muted market reactions. Key figures like Kevin Hassett and Kevin Warsh have criticized Powell, indicating a broader dissatisfaction with the Fed’s credibility and communication strategies.
Explain It To Me Like I’m 5: The article discusses ongoing tensions between President Trump and Federal Reserve Chair Jay Powell, with Trump considering firing Powell over renovation costs, while markets remain largely unaffected by these developments.
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