- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Trump: Powell Should 'Resign Immediately' If He Misled Congress

By: theblockbeats.news|2025/07/08 18:06:57

BlockBeats News, July 9th. On Tuesday, US President Trump stated at a cabinet meeting that if the allegations of misleading Congress regarding the renovation project at the Federal Reserve headquarters by Fed Chair Powell are true, the Fed Chair should "resign immediately."

Trump reiterated his criticism of Powell, calling him "terrible," and told reporters that deceiving Congress would be grounds for immediate resignation. "Then he should resign immediately," Trump said, "We need someone who will lower interest rates." Trump continued to criticize Powell's policy of maintaining unchanged interest rates, and last month he even stated that he would choose a successor who supports rate cuts.

Previously, the media revealed cost overruns and luxurious upgrades in the Federal Reserve headquarters renovation project. Powell recently refuted the reports during a Senate hearing, stating that they were "misleading and inaccurate in many respects." (Golden Finance)

Trump Plans to Impose 50% Tariffs on Imported Copper, Prompting a Sharp Rise in Copper Prices

In the last 1 hour, the entire network has witnessed a liquidation of $86.4389 million, with the largest single liquidation being a short position.