The Fed Is Built to Resist Trump’s Meddling
5 Articles
5 Articles
Trump says Powell should resign immediately from Federal Reserve leadership position over economic missteps
President Donald Trump slammed Federal Reserve Chair Jerome Powell on Sunday, saying it would "be a great thing" for the U.S. if he were to step down, adding, "he’s very bad for the country."Trump has repeatedly threatened to fire Powell, who he appointed to the role in 2017, over the central bank not cutting interest rates according to his demands.While speaking to reporters on Sunday, Trump was asked about a new bill that would eliminate no ca…
The president of the United States, Donald Trump, once again attacked the President of the Federal Reserve (Fed), Jerome Powell, because he did not start a new round of jurors. In a statement to journalists on Sunday (13), before boarding on the presidential plane, Trump stated that Powell's resignation before the end of the mandate “would be a great thing” for the country. The Republican ironized the head of the Central Bank, calling it “Treatt…
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