Trump sets stage for showdown with Powell over who runs the Fed in mid-May

Trump sets stage for showdown with Powell over who runs the Fed in mid-May

President Donald Trump has now threatened to fire Federal Reserve Chairman Jerome Powell if he doesn’t step aside when his term ends in mid-May, setting the stage for a legal battle as the nomination of Powell’s successor is in limbo. The escalation came Wednesday morning when the president said he planned to fire Powell if […]

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