
Why Trump's attack on the Fed affects us all
The Story
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Trump and the Fed: Unusual Tensions
This chapter explores the origins and responsibilities of the Federal Reserve, particularly under the influence of Donald Trump's presidency. It highlights the unprecedented dismissal of a Fed governor and the implications of political interference in monetary policy, focusing on the dynamic between Trump and Fed Chair Jerome Powell. The discussion raises concerns about the independence of financial institutions and the broader impact of such dynamics on global economic stability.
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