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Trump vs. Powell: Testing the Boundaries of Federal Reserve Independence
President Donald Trump's contemplation of firing Federal Reserve Chair Jerome Powell over interest rate disagreements threatens to challenge the legal boundaries of historical Fed independence. The Federal Reserve Act's unclear definition of 'cause' for removal of board members could lead to unprecedented legal confrontations and implications for the central bank's autonomy.
President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair ...
Eyes were closed, heads were shaking and backs were slapped. The nonverbal cues at the president's visit to the Federal ...
Financial markets finished the week on a high note after Federal Reserve Chair Jerome Powell stood his ground against ...
President Donald Trump said he didn’t want to make things personal as he stood next to Federal Reserve Chairman Jerome Powell last week.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
WATCH: President Trump said he was "surprised" that Powell had been nominated to be chair of the Federal Reserve. "I was surprised he was appointed," Trump said. "I was surprised, frankly, that ...
13hon MSN
The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense ...
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