Trump’s attacks on Fed’s Powell ramp up GOP’s economic fears
President Trump’s ramped-up attacks on Federal Reserve Chair Jerome Powell have Washington Republicans bracing for a confrontation that could make the turmoil in the financial markets much worse and put the Fed’s independence and credibility in jeopardy. Republican aides and strategists say GOP lawmakers are highly anxious about Trump’s tariff strategy and fear that he will send more waves through the financial markets by threatening to interfere in the central bank’s domain of setting...
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