Watchdog Clears Fed in Renovation as Trump Renews Resignation Calls for Powell
A watchdog found no misconduct by the Federal Reserve regarding renovations, while Donald Trump renewed calls for Jerome Powell to step down.
A US watchdog has determined that the Federal Reserve engaged in no misconduct regarding a renovation project, news agency Reuters reported. The inquiry cleared the central bank of impropriety or wrongdoing in connection with the work.
Amid the findings, US President Donald Trump renewed his calls for Jerome Powell's resignation, as reported by Reuters and network France 24.
Further details regarding the full report or the Federal Reserve's response to Trump's remarks have not yet been released.