“We will take responsibility”

Washington – Federal Reserve Chairman Jerome Powell He has a week to determine the Federal Law that he was subjected to, the White House budget manager Rosa on Thursday – using new aggressive tactics that could achieve President Trump’s goal of reducing interest rates.

Trump, 79, has struggled to find a way to attach strong weapons Powell, 72, to reduce interest rates, and the Republicans believe in it. Certificate of Congress DC’s continuous renovation of $ 2.5 billion may be a way to force it to comply or step down.

Powell, who rejected Trump’s pressure on its low rates despite the inflation that is close to the annual Federal Reserve’s goal by 2 %, told legislators on June 25 that the central bank is The headquarters will not feature luxurious upgrades, although planning documents indicate otherwise.

Critics say Powell is a lie – a possible crime – and the risks have risen by noting that the Federal Reserve Speaker would have penetrated a different law if his testimony was accurate.

“Instead of trying to correct the Federal Federal Reserve ship, it was liberated with a comprehensive reform of the Washington headquarters,” Fion.

“The cost exceeds aside (about $ 700 million and count), this project plans to surface gardens, private dining rooms, elevators, water features, distinctive marble, and much more. I stated that” there is no VIP dining room. “

Fior wrote that Powell’s denial “raises serious questions about the project’s compliance with the National Capital Planning Law (NCPA), which requires the approval of the National Capital Planning Committee (NCPC).

The head of the budget wrote: “It seems that your testimony reveals that the project does not comply with the approved plan in relation to the main design elements.”

“This would bring the project outside the NCPC approval and thus violate the NCPA, and it asks the Federal Reserve to stop the construction immediately and obtain new approval from NCPC before follow -up.”

The White House administration and budget office tweeted the message, Adding From Powell: “In his last testimony, he slipped and revealed that he might violate the law as well. The Trump administration requests answers, and we will carry it.”

In addition to the Vogue, Trump on Thursday appointed three new members in NCPC, which he has Five members vote.

The Staff of President Will Charf, Deputy Chief of Staff James Blair and OMB Stewart Livnbach, formed a new majority in the committee.

It is not clear what possible measures that the committee can take – although its members or its interpretation can ask the Ministry of Justice to review this issue, transcending the need for a criminal referral in Congress and increasing risks to Powell.

Trump commented on the alleged pseudo -Powell certificate for the first time on Tuesday at the cabinet meeting, and the publication was told that the president “Resignation immediately” must be If the allegations are correct.

For several months, the president tried to prove Powell to reduce interest rates, on the pretext that his decision not to do this is the political motivation and causes the federal government, companies and consumers more than necessary.

Trump recently said that he decided against a laughing attempt by law to dismiss Powell and instead he plans to appoint a more similar president when Powell’s term ends in May 2026.

The president said that stubbornness of Powell added An additional $ 600 billion annually In interest payments on national debt and keep the cost of loans – including real estate loans, car rental and credit cards – artificially high.

Powell cited Trump’s definitions as a major reason for his refusal to reduce prices this year, as it was theoretical to be able to inflation.

Powell spokeswoman refused to comment.