Jump to content

Recommended Posts

Posted

Trump has been trying to get rid of the head of the Federal Reserve chief, because he doesn't give in to Trump's demands to lower interests. The Federal Reserve department is independent of course, and not controlled by Trump, and all big banks in the US have recently come out to support Powell for his stance on inflation and interest rates.

The supreme court also has ruled already that Trump can not fire Powell.

So apart from the continuous insults thrown at Powell, he now has tried to play the fraud card, and accusing Powell that the renovation of the FED headquarters are a waste of public money, with false claims about what is included in the renovations.

Powell has already contradicted those FALSE claims in a letter to the White House.

 

But now the irony.

 

https://finance.yahoo.com/news/trump-appointees-pushed-more-marble-144659388.html

 

Trump appointees pushed more marble in Fed building renovation White House now attacks

 

WASHINGTON (AP) — President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates. But the extensive use of marble in the building is, at least in part, the result of policies backed by Trump himself.

 

As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump's first term, it faced concerns in 2020 during a vetting process involving Trump appointees, who called for more “white Georgia marble” for the facade of building.

The Fed's architects said the central bank had wanted glass walls to reflect the Fed as a transparent institution, but three Trump appointees to a local commission felt marble best fit the building's historic character. Marble was added as a result, according to the minutes of the Commission of Fine Arts, which advises the federal government on architecture.

  • Haha 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...