What does the Federal Reserve do, and why is Trump unhappy with chair Powell?
Friday, July 18th 2025, 1:15:26 am
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President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
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House Republicans approved a clawback package Thursday that will cut $9 billion in previously approved federal outlays for foreign aid, NPR and PBS. ...
