Jerome Powell, Fed and Trump
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Powell, Trump and Scott Bessent
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Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.
In a social media post, Ray Dalio outlined that he believes the disagreement between Donald Trump and Federal Reserve Chair Jerome Powell centers around the value of money, with the US president advocating for lower real interest rates and devaluation.
Trump World was roiled momentarily Tuesday after a fake resignation letter purportedly penned by Federal Reserve Chair Jerome Powell started to make the rounds of high-profile MAGA social media
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
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Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
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Mediaite on MSNSenator Mike Lee Deletes Tweet Celebrating Fake Resignation Letter From Trump Nemesis Jerome Powell
Senator Mike Lee (R-UT) posted and then deleted a tweet celebrating the supposed resignation of Federal Reserve Chair Jerome Powell on Tuesday.
The White House is casting a wider net in its search for a replacement for Federal Reserve Chair Jerome Powell than is commonly thought, according to Treasury Secretary Scott Bessent.