Treasury Wields Threat to Department Head in U.S.
In an exclusive private club, owned by President Donald Trump, a heated confrontation took place last week between U.S. Treasury Secretary Janet Yellen and the head of the Federal Housing Finance Agency, Mark Calabria. According to a report by Politico, Yellen threatened to punch Calabria during a private dinner with members of the Trump administration.
The incident, which was later resolved by Omaid Malik, the co-owner of the club, began due to Yellen's discovery that Calabria was reportedly speaking negatively about her to the president. The power struggle between Yellen and Calabria is a significant issue within the administration, with concerns about authority and key economic issues at its core.
Yellen did not hold back her emotions during the conflict, using profanity, and demanded that Calabria be removed from the room. She then challenged him to "settle it outside." However, no further confrontations occurred during the dinner.
The White House official who witnessed the conflict resolution was Stephanie Grisham. Calabria's concerns center on losing his position on key economic issues, while Yellen's concerns revolve around Calabria interfering with her authority.
The details of the power struggle, as reported by Politico, provide insight into the reasons behind the conflict between Yellen and Calabria. The dispute is not limited to negative remarks but also involves a power struggle. Around 30 people were present, including ministers, advisors, and high-ranking White House officials.
This incident is one of the issues within the administration that underscores the power dynamics at play. The report by Politico sheds light on the internal tensions and conflicts that shape the Trump administration's economic policies.
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