US EditionTrump vs. Powell: The War for the Federal Reserve Escalates
Trump-aligned Justice Department targets Fed Chair Powell over renovation cost allegations amid concerns this is to pressure interest rate cuts, drawing defenses from lawmakers and global banks.
6 Articles
6 Articles
Dumbfounded Trump faces unexpected 'pushback' on the home front
When Denmark European Parliament member Anders Vistisen stood before a microphone this week and bluntly told President Donald Trump to “F—— off,” he appeared to be echoing the general sentiment facing Trump back at home, according to the Washington Post.Federal Reserve Chair Jerome H. Powell — who is universally recognized for expressing few personal opinions — responded with comparable disdain to panned subpoenas from Trump’s Justice Department…
After destabilising the real economy with its duties of commercial retaliation, Trump is now in danger of blowing up the US financial sector, threatening the independence of the Federal Reserve. He began with an attempt to fire Lisa Cook, a member of the Fed to him unwelcome, who remained in his place with a court order. Then he pushed himself to accuse the current Governor Jerome H. Powell for alleged maladministration in the use of funds for t…
Why the world’s central bankers had to speak up against Trump’s attacks on the Fed
Central bankers from around the world have issued a joint statement of support for US Federal Reserve Chair Jerome Powell, as he faces a criminal probe on top of mounting pressure from US President Donald Trump to resign early.
Trump vs. Powell: The War for the Federal Reserve Escalates
The long-simmering tension between US President Donald Trump and Federal Reserve Chairman Jerome Powell has erupted into a full-blown constitutional crisis. What began as a series of vitriolic tweets and campaign trail insults has mutated into a direct executive assault on the central bank’s independence, culminating in a threatened Justice Department indictment, a defiance video from the Fed Chair and an unprecedented intervention by global cen…
According to the Fed chief, the Trump administration wants to gain influence over monetary policy by accusing him
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
