Trump, Jerome Powell
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President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its politically independent chair, Jerome Powell. Trump has for months criticized Powell over the Fed’s refusal to cut interest rates,
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
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Mediaite on MSNTrump Surprised ‘Terrible Fed Chair’ Jerome Powell Was Appointed — Forgetting He Appointed HimPresident Trump admitted Wednesday that he was "surprised" that Jerome Powell was appointed Fed Chair, apparently forgetting he appointed him. The post Trump Surprised ‘Terrible Fed Chair’ Jerome Powell Was Appointed — Forgetting He Appointed Him first appeared on Mediaite.
President Donald Trump may have found a way to oust Federal Reserve Chairman Jerome Powell, whom he has long criticized for the Fed keeping interest rates too high despite inflation falling. On Tuesday,
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
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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,