Breitbart Business Digest: Even if Trump Fires Powell, the Fed May Still Defy Him

Trump’s Fed Problem Is Bigger Than Powell

President Donald Trump has never been shy about calling out Jerome Powell. Now speculation is mounting that Trump might go even further by removing the Fed chair altogether. But here’s the twist: even that bold and controversial move may not deliver the interest rate cuts Trump wants.

The financial press has worked itself into a frenzy over the possibility of Powell’s ouster, warning that it would shatter norms, spook markets, and compromise the Fed’s independence. But the real reason such a move might fail is not because of l...
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