Trump, Powell
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If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
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MiBolsilloColombia on MSNGOP senators push back on Powell ouster, warn of market turmoilRepublican senators warned Trump not to fire Fed Chair Jerome Powell, citing risks to market stability and the Fed’s independence.
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and bonds.
Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.
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Tuko on MSNDonald Trump targets Fed chair Jerome Powell amid $2.5 billion renovation controversy| DetailsExperts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of mismanagement.
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under unprecedented scrutiny.
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.