Donald Trump, Fed and Powell
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President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.
21hon MSN
The White House is exploring every avenue of executive power to get what President Trump wants from the Federal Reserve: lower interest rates.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
President Donald Trump‘s bids to replace a litany of independent agency heads have prompted legal challenges from the Left, which could end up with the Supreme Court revisiting a 90-year-old precedent related to the president’s firing power.
Donald Trump’s new HR czar has already started firing potshots at former “first buddy” Elon Musk, questioning the effectiveness of his work at cost-cutting taskforce DOGE.
Israeli troops killed 79 Palestinians seeking food, Gaza health officials said. President Donald Trump is losing ground on the economy and immigration.
The U.S. Forest Service faced criticism from current and former employees who say federal workforce reductions under the Trump administration have left fire teams understaffed, as the country grapples with decade-high U.