9 Articles
9 Articles
Can Trump fire Federal Reserve chair Jerome Powell?
The president said the central bank should lower interest rates, but Powell demurred – and now Trump wants him outThe US Federal Reserve chair, Jerome Powell, is facing attacks from Donald Trump, who is now threatening to fire the head of the central bank.Such a move would be unprecedented. The president has historically respected the independence of the central bank, and kept out of its way – even if there was disagreement over Fed policy. Cont…
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