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Republican Saying Trump 'Trolling' Jerome Powell Raises Eyebrows

Republican Saying Trump 'Trolling' Jerome Powell Raises Eyebrows

Summary

President Trump might have been "trolling" Federal Reserve Chair Jerome Powell, according to Senator Roger Marshall. Powell stated that the Department of Justice sent subpoenas related to a Senate testimony about building renovations, which he believes is due to the Federal Reserve's interest rate decisions. Online reactions to these developments included skepticism and humor about whether legal actions could be considered "trolling."

Key Facts

  • Senator Roger Marshall commented that President Trump might be "trolling" Jerome Powell.
  • The Department of Justice issued subpoenas to the Federal Reserve concerning Jerome Powell's Senate testimony.
  • Jerome Powell thinks the investigation is due to interest rate decisions, not building renovations or congressional oversight.
  • Costs for the Federal Reserve renovations exceeded budget by $600 million, totaling $2.5 billion.
  • President Trump claims he has no knowledge of the Federal Reserve investigation.
  • Powell's term as the Federal Reserve chair ends in May, but he remains a governor until 2028.
  • Public reactions to the "trolling" comment varied from criticism to humor.

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