PoliticsTrump Is Back to Pressuring the Fed. What Leverage Does He Have?
Since beginning his second term, President Donald Trump has publicly pursued an aggressive campaign to bring the Federal Reserve in line with his wishes, departing from the modern convention of shielding the US central bank from political interference. He has pressed Fed Chair Jerome Powell to cut rates and tried to remove Governor Lisa Cook.
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Trump Is Back to Pressuring the Fed. What Leverage Does He Have?
Politics