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Strategies & Market Trends : Humble1 and Swing Trading Friends

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towerdog

From: humble1	7/5/2025 12:32:13 PM
	2 Recommendations of 41020

Here we go! The campaign against Powell swings into full gear. Now trying to find a reason to remove him “for cause:” US President Donald Trump has called for the chair of the Federal Reserve to quit right away, in an escalation of his attacks on Jerome Powell. "'Too Late' should resign immediately!!!", Trump said in a post on his Truth Social platform. He also included a link to a news article about a US federal housing regulator calling for Mr Powell to be investigated over his testimony about renovations to the central bank's Washington headquarters. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx On Wednesday, Federal Housing Finance Agency director Bill Pulte, who has previously strongly criticised Mr Powell, called for him to be investigated. "I am asking Congress to investigate Chairman Jerome Powell, his political bias, and his deceptive Senate testimony, which is enough to be removed 'for cause'," he posted on X. Last week, Mr Powell told the Senate that reports about soaring costs and expensive features at the Fed's headquarters were "misleading and inaccurate in many, many respects."

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