Trump Intensifies Push to Oust Fed Chair Powell Over Rate Disputes
- Trump has intensified his attacks on Fed Chair Jerome Powell following Powell's speech at the Economic Club of Chicago on Wednesday.
- Trump has introduced numerous tariffs that have impacted the U.S. Economy and the Federal Reserve.
- Powell stated that the Fed's decisions will be based solely on what is best for all Americans.
- The possibility of using executive power to remove Powell has been raised, which experts say is prohibited.
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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
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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
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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%
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