Tensions Rise as Trump Mulls Firing Fed Chair Powell Amid Economic Concerns

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Source: Hindustan Times
Tensions Rise as Trump Mulls Firing Fed Chair Powell Amid Economic Concerns
Photo: Hindustan Times
TL;DR Summary

Fed Chair Jerome Powell is scheduled to speak amid ongoing tensions with the Trump administration, which has publicly criticized him and suggested his resignation, amid broader concerns over the Fed's independence and recent controversies including a costly headquarters renovation and political investigations.

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