EconomyCan Trump Oust Powell From the Fed Board? What to Know
Since beginning his second term, President Donald Trump has mounted an aggressive campaign to bring the Federal Reserve under his influence, publicly breaking with the modern practice of shielding the US central bank from political pressure. He has pushed for rate cuts, attacked then-chair Jerome Powell and tried to remove Governor Lisa Cook over unproven mortgage-fraud allegations.
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Bloomberg News★★★☆☆2026-10-01 23:30Original
Can Trump Oust Powell From the Fed Board? What to Know
Economy