US Senator Calls for Immediate Resignation of Powell, Fed Chair

Source
JH Kim

Summary

  • Republican Senator Cynthia Lummis called for Federal Reserve Chair Jerome Powell’s immediate resignation.
  • Senator Lummis criticized Powell for weakening America's competitiveness and disappointing its people.
  • With the official resignation demand from a senator following strong criticism from key Republicans, political pressure on the Fed is expected to intensify.

Cynthia Lummis (Cynthia Lummis), a Republican senator from the United States, has urged Jerome Powell (Jerome Powell), Chair of the Federal Reserve (Fed), to step down immediately.

On the 15th (local time), Senator Lummis stated on her X (formerly Twitter), "Chair Jerome Powell has repeatedly disappointed the American people and has weakened the competitiveness of the United States," adding, "Now is the time for true leadership at the Fed."

She continued, "Chair Powell is no longer qualified to lead the Fed. He should resign right now."

Recently, with leading Republican figures, including President Donald Trump, sharply criticizing Chair Powell, and now a senator officially demanding his resignation, political pressure surrounding the Fed is expected to intensify.

Photo=Screenshot from Cynthia Lummis's X
Photo=Screenshot from Cynthia Lummis's X
publisher img

JH Kim

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