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Tagged Fed Chairman Jerome Powell

Bloomberg: The Fed’s Interest Rate Hikes Cost Trump $5 Million a Year

Featured News
Mon, Dec 24th, 2018

Yesterday Bloomberg News revealed the real reason that Donald Trump wants to fire Jerome Powell, the chairman of the Federal Reserve. It’s not that the Fed’s interest rate increases are hurting the U.S. economy or causing stock market declines. It’s that they are costing Donald Trump money in his personal business. In other words, this…

More Chaos: Angry Trump Talking About Firing Fed Chairman

Featured News
Sat, Dec 22nd, 2018

President Donald Trump is considering firing the chairman of the Federal Reserve because of his decision to raise interest rates, according to a new report from Bloomberg published shortly before midnight. Such a move by the president would create chaos, roil the stock markets and cause great uncertainty for investors around the globe. And, according…