Did the Supreme Court just allow Trump to dump Powell?
Scotus made a decision on how the President can manage independent government agencies.
The rumblings from the White House may have tempered a bit but it’s no surprise that President Donald J. Trump’s been fuming because the Federal Reserve Bank is ignoring his requests to lower interest rates.
In fact, Trump wants to fire Jerome Powell, the head of the Federal Reserve, as part of his sweeping efforts to control the federal government.
The president and his team continue to issue demands that the independent Fed cut interest rates amidst the ongoing tariff wars and rocky stock and bond markets, all hit with repeated sudden and extreme changes in direction.
