Fed, Trump and Jerome Powell
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Trump, Fed and credit card
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The baseball Hall of Famer's rare political statement comes despite his decades-long friendship with the president.
Trump's comments in a brief interview with NBC News came after Fed Chair Jerome Powell cited "the administration’s threats and ongoing pressure" to lower interest rates.
President Donald Trump visited the Motor City on Tuesday to tout what he considered wins on the economy and other aspects of his second term, which have included a rough economic start, a brutal immigration crackdown that has led to the shooting death of an American citizen,
F or nearly a year, Donald Trump has assailed the Federal Reserve with unjustified criticism and legal threats. Until this weekend, Jerome Powell, the Fed chair, maintained a studied public silence. Now, warfare between America’s central bank and the White House has broken out into the open.
The president told Tony Dokoupil "you probably wouldn't have a job right now" if Kamala Harris had won the 2024 election.
Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.
President Donald Trump is addressing the Detroit Economic Club as his justice department investigates Federal Reserve chair Jerome Powell.
Federal Reserve chair could stay on board beyond this year in effort to protect US central bank’s independence