Trump attacks Fed chair Powell
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11hon MSN
The White House is exploring every avenue of executive power to get what President Trump wants from the Federal Reserve: lower interest rates.
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.
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The Daily Caller on MSNBarack Obama Dispatches Mouthpiece To Fire Back At Trump’s Russiagate Treason AllegationsFormer President Barack Obama’s spokesperson responded on Tuesday to President Donald Trump’s administration’s allegations that Obama took part in a plot to subvert Trump’s 2016 victory. At a Tuesday Oval Office press conference,
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,