Rep. Hamadeh Calls for Fed Chair Powell’s Resignation

Rep. Abe Hamadeh, R-Ariz., has joined President Donald Trump’s urging for Federal Reserve Chair Jerome Powell to resign.

“My call for Chairman Powell’s resignation does not come lightly nor without good cause,” Hamadeh wrote in a statement after issuing a letter Monday directly to Powell.

“Considering the recent revelations by Office of Management and Budget Director Russell Vought about Chairman Powell’s gross mismanagement of the Federal Reserve’s headquarters renovation project, and his apparent lack of candor before the Senate Banking Committee, neither does my call come too soon.”