Trump calls on the US Central Bank to give up immediately

US President Donald Trump has called on Federal Reserve President to abandon “immediately” in escalating his attacks on Jerome Powell.

“” Too late “should resign immediately !!!”, Trump said in a publication on his True Social PlatformS

He also included a link to an article on a Federal Housing Regulator in the United States, calling for G -N -Powell to be investigated because of his testimony to repairs at the central headquarters of the central bank in Washington.

Trump nominated G -N -Powell as chairman of the Fed during his first term. Since then, he has repeatedly criticized him for not reducing interest, but it is unclear whether the president has the power to remove him from office.

Despite the President’s constant criticism of G -N -Powell, he said earlier this year that he “did not intend to fire him.”

Trump wants the Federal Reserve to reduce interest rates to help increase economic growth.

Powell said on Tuesday that the Fed would reduce the frequency if it was not about Trump’s impact policies.

Asked during a meeting of the central bankers in Portugal if US prices would be reduced again this year if the administration had not announced its plan to increase the tariffs for countries around the world, the Powell replied: “I think this is right.”

The US Federal Reserve declined to comment on Trump’s remarks when he contacted the BBC.

Before Trump’s return to the White House earlier this year, D -Powell said he would not withdraw if the president asked him and that “the White House is not allowed under the law” to push him.

Members of the Council of Independent Federal Agencies, such as the Federal Reserve, can only be pushed before their terms “by cause”, according to a remarkable decision of the US Supreme Court in 1935.

However, Trump often disputes political norms, including the dismissal of some independent regulators, actions that have been challenged in court.

On Wednesday, the director of the Federal Housing Agency was Pulte, who had previously categorically criticized G -N -Powell, urged him to be investigated.

“I ask Congress to investigate President Jerome Powell, his political biases and his deceptive testimonies of the Senate, which is enough to be eliminated” due to the cause “” He publishes on xS

Last week, Powell told the Senate that the reports of increasing costs and expensive features at the Fed headquarters are “misleading and inaccurate in many, many ways.”