Trump, Jerome Powell and Federal Reserve
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Hamas, Trump and Ceasefire
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Trump wants to play global peacemaker. Derailed Gaza cease-fire shows how daunting that ambition is.
Though the Republican president has only been back in office for six months, he has sought to be known as a peacemaker. In some cases, he has set ambitious goals that have fallen short, like a promise to end the still-ongoing war in Ukraine before he took office.
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Trump argues with Fed Chairman then says he'd fire him
President Trump is again clashing with Fed Chairman Jerome Powell in a face-to-face argument about interest rates and a hugely expensive renovation project at the Fed Headquarters.
The Supreme Court on Wednesday said it will allow President Trump to fire three members of the independent Consumer Product Safety Commission.
A judge had reinstated three members of the Consumer Product Safety Commission, a federal agency set up by Congress to be independent of political pressure.
2don MSN
Trump can fire the 3 Democrats on the Consumer Product Safety Commission, Supreme Court says
The court signaled again that it believes the president has the power to fire the leaders of agencies and commissions that Congress said were independent.
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.
President Donald Trump‘s bids to replace a litany of independent agency heads have prompted legal challenges from the Left, which could end up with the Supreme Court revisiting a 90-year-old precedent related to the president’s firing power.
The Trump administration is sending mixed messages about whether Fed Chair Jerome Powell should stay with the central bank until the end of his term.