Trump Says Powell Should ‘Resign Immediately’ if He Misled Congress

News July 08, 2025 at 02:10 PM
Share & Print

What You Need To Know

  • He was referring to the Fed chair allegedly deceiving lawmakers about renovations at the central bank’s headquarters.
  • Media reports have asserted the Fed’s renovation project of its headquarters has seen swelling costs.
  • The U.S. central bank left rates unchanged in June in a range of 4.25%-4.5%.

Immediate Answers to Critical Tax Questions At Your Fingertips

Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.

Get More Information

Recently Added Q&As

Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
What is the CARES Act employee retention tax credit that was available during 2020 and 2021?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer

Related Stories