Trump: Conservative stance on firing Powell, unless there is fraud in the Fed's renovations.

On July 17, Trump: discussed the "concept of firing (Fed Chairman Powell)" with the Republicans, unless there is fraud during the renovation process of the Fed, the federal government's renovation project may involve fraudulent activities. Republican figures are pushing for Powell's dismissal, and my stance is more conservative. ( Jin10 ) BlockBeats Note: The renovation budget for the Fed headquarters has surged from $1.5 billion to between $2.5 billion and $2.6 billion, far exceeding expectations, with rumors involving luxury facilities such as rooftop gardens and private elevators, raising public and political doubts about its extravagance. Trump and others seized the opportunity to criticize Fed Chairman Powell and question his transparency. The Fed responded that the overspending was due to rising material costs and unforeseen issues, with funds coming from its own income rather than taxpayers, but the controversy remains unresolved and may affect its reputation and independence. The market speculates that Trump may take this opportunity to push for Powell's dismissal.