-
Trump’s potential plan for Fed raises alarms
Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of the central bank — a constant thorn in the side of the former president — should he be reelected in November. They also argue Trump would have the power to oust Fed Chair Jerome Powell, whom he appointed to the job in 2017 and then berated through most of his term, despite legal protections from being fired without cause. The campaign has distanced itself from the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 27, 2024 9:39pm Apr 27, 2024 9:39pm
- Ericedge
- | Joined Oct 2022 | Status: Member | 357 Comments
- Comment #2
- Quote
- Apr 28, 2024 12:28am Apr 28, 2024 12:28am
- ICouldBWrong
- | Joined Apr 2020 | Status: Member | 1 Comment
- Comment #3
- Quote
- Apr 28, 2024 4:29pm Apr 28, 2024 4:29pm
- dantpm
- Joined Aug 2022 | Status: Member | 120 Comments