In Trump’s taunt at Fed chief, real aim could be a 1935 precedent that keeps US institutions independent
Ironically, it was Trump himself who nominated Powell to lead the Fed in 2017. Then in 2021, he was re-nominated by then-President Joe Biden. His term is scheduled to end next year in May but Trump wants him out and even insists that he has the power to do so
Ironically, it was Trump himself who nominated Powell to lead the Fed in 2017. Then in 2021, he was re-nominated by then-President Joe Biden. His term is scheduled to end next year in May but Trump wants him out and even insists that he has the power to do so
