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

President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove true, while deepening his personal attacks against the head of the central bank over interest rate policy.

Trump, speaking in a Cabinet meeting Tuesday, called Powell “terrible,” and told reporters that if allegations he deceived Congress over renovations to the Federal Reserve’s headquarters proved true, it would be grounds for a swift exit.