Trump, the Fed, and Wildfires

This chapter explores the fraught relationship between President-elect Trump and the Federal Reserve, focusing on Trump's push for low interest rates and the impact of Fed Chair Jerome Powell's decisions. It also discusses the potential economic ramifications of proposed corporate tax cuts versus tariffs and their influence on inflation and interest rates. Transitioning to a report on the California wildfire crisis, the chapter vividly portrays the devastation caused by the blaze while highlighting the resilience of affected communities.