Trump’s War with Jerome Powell and Fed Is Far from Over
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For months, President Donald Trump has been threatening to fire Powell, primarily because the president thinks that short term interest rates, which currently stand at 4.25 to 4.50 percent, are too high. Every time the president flirts with unseating Powell, he has pulled back, but could he actually do it?
It was not a flattering moment for a president who routinely makes up figures but who is rarely fact-checked by his appointees on camera.
On 'Will Cain Show' Charlie Gasparino criticized Jerome Powell as Federal Reserve Chairman: LAWRENCE JONES: And there we have it, the president of the United States with the Fed chair right there in his element.
The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fed’s office building renovation in Washington on Thursday.View on euronews
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and in communications with the Office of Management and Budget.
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.
Amid an escalating campaign by the Trump administration against Federal Reserve Chair Powell, an AI-generated letter made its rounds online.
President Donald Trump is expected to focus on global trade relationships as well as the Federal Reserve's upcoming decision on the nation's interest rate.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy,