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Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
White House economic adviser Kevin Hassett drew laughter from a roomful of economists in late March when he launched into an ...
Former Texas Land Commissioner and Pine Cove Capital managing partner George P. Bush discusses DOGE spending cuts and reducing federal spending of public media and foreign aid on ‘Fox News Live.’ ...
20h
Raw Story on MSNGOP split as Trump toys with firing Fed chair Powell, sparking chaos, fearsAs Donald Trump openly toys with firing Federal Reserve Chair Jerome Powell — despite having appointed him — Republicans and Democrats are sharply divided over whether the president has the authority ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
The Federal Reserve's political independence- the sense that the world's most powerful central bank makes decisions based on economic conditions, not short-term political considerations- is a critical ...
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