In Just 8 Words, Jerome Powell May Have Sent a Signal to Trump on the Economy
6 Articles
6 Articles
Fed chair calls out Trump’s Harvard attacks during bombshell Princeton speech
In a decision handed down on Thursday, May 22, the U.S. Supreme Court indicated that President Donald Trump does not have the power to fire U.S. Federal Reserve Chairman Jerome Powell. The High Court upheld Trump's power to fire members of two independent labor relations boards but signaled that a president's relationship with the Fed is different. In Trump v. Gwynne A. Wilcox, the justices wrote, "The Federal Reserve is a uniquely structured, q…
Donald Trump and His Idea of Spare Parts at the Fed: the Supreme Court Shields Jerome Powell
About the weekend there was a letter from the U.S. highest court in favor of the Fed and its president, contrary to the wishes of the first president. How feasible was the real possibility of Powell's dismissal?
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