Скачать или смотреть Trump's Controversial Considerations on Firing Fed Chair

In a dramatic turn of events, President Trump has sparked speculation regarding the future of Federal Reserve Chair Jerome Powell. During a private meeting with House Republicans, he openly inquired about their feelings on whether he should fire Powell, receiving a show of support for such an action. Despite later denying any immediate plans to do so, reports emerged that he might have even drafted a termination letter. Powell, whose leadership has faced consistent criticism from Trump, including accusations of political bias, has continuously asserted that he cannot be fired without cause under the law. This developments come amid ongoing pressure on the central bank to recalibrate its interest rates—something Trump is aggressively pushing for, believing a significant cut is necessary to spur economic growth. As the political and economic implications unfold, the situation remains precarious for the Fed and its leadership, setting up a contentious relationship between the White House and the nation's monetary authority.

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