Trump's Economic Plans: Dimon for Treasury, Powell to Stay

1 min read
Source: The New York Times
Trump's Economic Plans: Dimon for Treasury, Powell to Stay
Photo: The New York Times
TL;DR

If re-elected, Donald Trump has hinted he might keep Jay Powell as Fed Chairman, but only if Powell aligns with his economic views, particularly on low interest rates. Despite Trump's past criticisms of Powell's rate policies, legal constraints may prevent him from firing the Fed chair.

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