US EditionTAKING AIM AT THE FEDERAL RESERVE
- Donald Trump increased his criticism of Federal Reserve Chair Jerome Powell.
- Criticism centered on interest rate policy and a Supreme Court case on presidential power.
- Legal experts disagree on a president's power to remove the Fed chair.
- Powell stated law requires cause for removing the Fed chair.
- An attempt to fire Powell would likely cause market disruption and a court fight.
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Donald Trump's dangerous game against the US Federal Reserve
EDITORIAL. By threatening to remove Fed President Jerome Powell from office, if he did not agree to change policy, the US President worries financial actors and undermines the credibility of US monetary policy.
·Paris, France
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Total News Sources13
Leaning Left1Leaning Right2Center10Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
C 77%
15%
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