
Trump's Tariffs & Troops: Allies Flee to China as Strike Looms
Trump's Tariffs & Troops: Allies Flee to China as Strike Looms
Multiple news sources report that Federal Reserve Chair Jerome Powell defended the Fed's independence amidst political pressure from President Trump, who criticizes the Fed's interest rate policy and a headquarters renovation project, while also facing grand jury subpoenas related to his congressional testimony on the renovation. Despite this pressure and dissension within the Fed, which held rates steady, Powell asserted the Fed's commitment to managing inflation and the job market with objectivity.

















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