News list for " during the election campaign"

Analysis: If Trump challenges the Federal Reserve, Powell will have the upper hand

During Trump's campaign, he said he should be consulted on the Fed's interest rate decisions. Fed Chairperson Jerome Powell did not ignore these remarks, making it clear that he would not resign if Trump asked him to do so - on the grounds that the president does not have the legal authority to remove him from office. These developments set the stage for a confrontation between the Fed and the incoming president, TS Lombard economist Dario Perkins (...

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2024-11-26 10:30:07