US President Trump, on Fed Chair nominee Warsh says, the probe into Powell is correct, reiterates criticism of the elevated building costs "we need to find out why it costs close to USD 4bln", speaking to CNBC
Importance
Level 1
- When asked if the banking committee could take the investigation over, reiterates that they need to find out why it costs so much and why the overruns have occurred.
- Would be disappointed if the new Fed Chair does not cut rates.