Keep "biting" Powell and won't let go! Trump demands he resign from the Federal Reserve Board of Governors, saying the headquarters renovation cost severely overran the budget.

date
01/10/2026
Zhito Finance APP has learned that U.S. President Trump on Wednesday demanded former Federal Reserve Chairman Powell resign from his position as a Federal Reserve governor, after an inspector general's report on the Federal Reserve headquarters renovation project pointed to a series of project management problems and caused significant cost overruns. However, the investigation did not find any criminal wrongdoing in the project.