Fed, Trump and Powell
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The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
President Donald Trump has said the quiet part out loud. His threats to terminate Federal Reserve Chair Jerome H. Powell if Powell doesn’t cut interest rates are motivated by one simple desire: to make it cheaper for the administration to add about $4 trillion to the federal debt.
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Mediaite on MSNMaggie Haberman Says Trump Is Trying To Make Jerome Powell ‘As Miserable as Possible’CNN political analyst Maggie Haberman said President Donald Trump is aiming to make Jerome Powell's life "as miserable as possible."
President Donald Trump has spent months criticizing Federal Reserve Chair Jerome H. Powell, most recently arguing that the central bank should immediately cut interest rates to make it easier for the United States to finance ballooning deficits,
The Federal Reserve's independence is being questioned due to allegations of financial mismanagement. President Trump criticizes Fed Chair Jerome Powell over a costly headquarters renovation, sparking debate over the Fed's autonomy.