Trump: If Powell misleads Congress, he should 'resign immediately'

BlockBeats News: On July 9th, US President Trump stated at a cabinet meeting on Tuesday that if the allegations of misleading Congress regarding the renovation project of the Federal Reserve headquarters by Federal Reserve Chairman Powell are true, the chairman should "resign immediately". Trump reiterated his criticism of Powell, calling him "terrible" and telling reporters that deceiving Congress would constitute grounds for immediate resignation. Then he should resign immediately, "Trump said." We need someone who can cut interest rates. "Trump continued to criticize Powell's policy stance of keeping interest rates unchanged and announced last month that he would choose a successor who supports interest rate cuts. Previously, the media revealed that the renovation project of the Federal Reserve headquarters had cost surges and luxury configuration issues. Powell recently refuted the relevant reports during a Senate hearing, stating that they were "misleading and untrue in multiple aspects". (Golden Ten)