Fed chair Jerome Powell calls out Donald Trump
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The director of the Federal Housing Finance Agency has made the removal of the Fed chair his personal mission.
The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,
President Trump is used to world leaders bowing down to him, and to cabinet members fawning over him. Jerome H. Powell, the chair of the Federal Reserve, took a different approach.
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Why Trump’s housing chief is targeting the Fed: The Bill Pulte vs. Jerome Powell showdown explained
William Pulte, a political appointee with little housing policy experience, is using his federal post and massive social media following to attack the Federal Reserve chief—and grab Trump’s attention.
President Donald Trump isn't really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. The claim that Powell helped the Democrats last year by cutting interest rates but now refuses to cut rates for Trump,
President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “ a moron ” and “ a political hack ,” threatening him with criminal prosecution — while he just takes it.
Trump reportedly shows draft firing letter as Powell exit odds jump after Rep. Luna's post shakes markets. In a sudden turn of events, President Donald Trump said he was "not planning on doing anything" to get rid of Federal Reserve Chair Jerome Powell, reported CNBC.
As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.” Powell’s awkward laugh in the moments that followed underscores how Trump is publicly challenging the Fed in a way never seen in the history of the central bank.
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