Freshman Sen. Bernie Moreno, R-Ohio, told Federal Reserve Chair Jerome Powell to resign and encouraged colleagues to demand the same.
Moreno, who was backed by Donald Trump in his 2024 election, sent a letter to Powell on Wednesday and attacked the chair’s “fear” of the president’s tariffs increasing prices.
“At this point, I firmly believe your economic analysis is clouded by your personal feelings on trade policy,” Moreno wrote.
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