The White House wants to review the Fed's $2.5 billion renovation project, possibly paving the way for the removal of Powell.

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[Coin World] On July 21 (UTC+8), White House Deputy Chief of Staff James Blair stated that the Trump administration hopes to visit the Fed this week to review its $2.5 billion renovation project. A source familiar with the matter revealed that Senate Banking Committee Chairman Tim Scott is also discussing whether to attend. Trump and his allies view the project as a potential opportunity to remove Fed Chairman Powell amid Trump's frustration over stagnant interest rates. Members of Trump's inner circle, such as Treasury Secretary Mnuchin, have since been trying to deter the President from pursuing removal by emphasizing the legal obstacles and market reactions that could arise. Blair said Powell has informed the government that the design plan is different from the original proposal, "We just want to know if this is true."

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MetaverseLandlordvip
· 07-24 06:27
Something is happening! Powell is doomed.
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AirdropHarvestervip
· 07-24 06:00
Just shouting to raise interest rates and wanting to deal with Powell?
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OnlyOnMainnetvip
· 07-21 11:05
Powell is still not tough enough.
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WalletAnxietyPatientvip
· 07-21 11:03
Hardcore suckers panic every day~
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0xTherapistvip
· 07-21 11:03
Is the Fed still willing to spend money on renovations?
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WinterWarmthCatvip
· 07-21 10:57
Just 25 small goals, look how anxious they are.
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