President Trump said on Thursday that the renovation project in the Federal Reserve is not the basis for Firing the Jerome Powell, which is away from the central bank leader.
after Visit the construction site At the Central Bank headquarters in Washington, Trump was asked if he believed in the project, which he and his administration had done as more than the budget, is a firing offense.
The President said, “Look, I would like to see it completely, I do not want to put it in this category.” “This is a very complex thing that could be simplified.”
Trump, who mentioned his familiarity in construction during his career as a real estate developer, supported the idea of firing to Pavel, but continued the notion that the interest rates, which are determined by the Fed, should be reduced.
The President was asked about his concerns that interest rates were harming the families and why they would allow Pavel to remain in their role through May.
“Because there is a big step to do so and I don’t think it is necessary,” Trump said. “I am confident that he is going to do the right thing, I believe the chairman is going to do the right thing. It may be a little late, as the expression goes.”
And, when asked if he would fire Powell, he should choose not to cut rates, Trump replied, “I don’t think we are going to do so.”
Trump also said that was there “no tension” When asked about the energy to meet him and Powell.
The top officials of the White House have reduced the tag of $ 3.1 billion for renewal of the Fed, while Trump has repeatedly publicly called Powell to reduce the rates of low interests and criticized him on the truth social. He is also called Powell as “Nockhead”.
Last week, the President suggested cost overran – the project was initially given a $ 2.5 billion bill – Powell could be the reason for setting fire. Last week, the report revealed that Trump had Indicated Republican A senior White House official told The Hill that during a meeting at the Oval Office, he plans to set Powell on fire.
He has Since supported And denied those reports.
