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Can the Next Fed Chair Truly Be Independent From Trump’s Influence? ... President Trump has sought to disparage Mr. Powell on a personal level for failing to heed his call to cut interest rates.
Trump's strategy includes the controversial concept of a 'shadow Fed Chair.' This idea, proposed by Treasury Secretary Scott Bessent, involves appointing a successor to Powell before his term ends.
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's ...
Trump's push for Federal Reserve Chair Powell's resignation has sparked concern among investors over inflation risks and financial market volatility. Central bank independence is under scrutiny, with ...
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