Blog
White House Intensifies Campaign Against Fed Chair Jerome Powell

The Trump administration has escalated its campaign against Federal Reserve Chair Jerome Powell, with the White House considering demotion or even dismissal. This move comes after President Donald Trump sent a letter to Powell demanding lower interest rates, a move aimed at bolstering economic factors ahead of the 2020 election. Trump also criticized the Fed’s quantitative tightening policy and the increase in the federal funds rate, which he believes negatively impacted the economy. The administration’s efforts to pressure Powell reflect Trump’s broader strategy to assert control over the independent Federal Reserve and manage economic perceptions amid trade tensions and geopolitical issues.
-
Dallas2 weeks ago
Dallas Wings Make Joking Comment on Indiana Fever After Upset Win
-
News2 weeks ago
Kyle Schwarber Drops Massive Hint on Staying With Phillies for ‘Period of Time’
-
News2 weeks ago
49ers Head Coach Reveals Surprising Praise for Broncos’ Bo Nix
-
Dallas2 weeks ago
Sophie Cunningham Issues Apology After Actions in Fever Loss
-
News2 weeks ago
Phillies $100M Slugger Responds on Kyle Schwarber Potentially Joining NL Rival
-
Dallas2 weeks ago
Cowboys Reveal Surprise View With Luke Schoonmaker Prediction
-
News2 weeks ago
Reporters Complain About DC Crime Before Trump Federalizes DC Police
-
News2 weeks ago
Ann Wilson of Heart returns from cancer battle to concert stage