Trump, Fed and central bank independence
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Ben S. Bernanke was chair of the Federal Reserve from 2006 to 2014, appointed by President George W. Bush. Janet L. Yellen followed him as chair, appointed by President Barack Obama, and served until 2018. She was also Treasury secretary during the Biden administration. Both are economists.
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Benzinga on MSNTrump’s Threat to Fire Powell Risks Undermining Fed Independence, Destabilizing MarketsPresident Donald Trump’s renewed threats to remove Federal Reserve Chair Jerome Powell are intensifying legal and economic uncertainty, according to CNBC. Legal experts say Trump lacks clear authority to remove the Fed chair without cause,
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Lombard Odier’s Homin Lee argues China’s grip on rare earth supply chains could cap trade tensions and ultimately bolster its economy.
The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) on Monday as EU-US trade tensions escalate and concerns over the independence of the Federal Reserve (Fed) rise.
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.