Tag: independence of the Fed
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Trump Aide Downplays DOJ Probe Into Fed Chair Powell
Context: DOJ Investigation and the Fed The investigation unfolding in Washington has placed Jerome Powell, the chair of the Federal Reserve, under a spotlight that intersects monetary policy with political controversy. While the Department of Justice pursues its criminal inquiry, a prominent voice from the Trump orbit, Kevin Hassett, pressed a cautious narrative: that there…
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Trump Says He’d ‘Love to Fire’ Powell, Renewing Attacks on Fed Chair
Trump Intensifies Criticism of the Federal Reserve In a new volley of remarks on the economy, former President Donald Trump reiterated his stance against Federal Reserve Chair Jerome Powell, saying he would “love to fire” Powell and calling for changes in how the central bank manages interest rates. The comments, made amid broader talk about…