Trump Intensifies Push to Oust Fed Chair Powell Over Rate Disputes
- President Donald Trump has reiterated his frustration with Federal Reserve Chair Jerome Powell, stating that Powell's "termination cannot come fast enough" due to his stance on interest rates.
- The Federal Reserve operates as an independent agency, which limits the president's power to remove Powell from his position.
- Powell maintains that the Federal Reserve will not be influenced by political pressures, stating, "We're never going to be influenced by any political pressure.
Insights by Ground AI
Does this summary seem wrong?
483 Articles
483 Articles
All
Left
67
Center
153
Right
82
Trump thinks he can remove Powell from Fed
WASHINGTON — President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and claimed he could fire him if he wanted to, renewing a threat from his first term that could cause a major…
·Omaha, United States
Read Full Article
+105 Reposted by 105 other sources
Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.
·United States
Read Full ArticleCoverage Details
Total News Sources483
Leaning Left67Leaning Right82Center153Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 22%
C 51%
R 27%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage