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President Trump renewed his attack on Federal Reserve chairman Jerome Powell Thursday for not cutting interest rates, even as Trump's own trade war makes rate cuts more difficult. In a social ...
US stocks were mixed Thursday as President Donald Trump touted trade deal progress with Europe and China and investors digested a threat from the president to fire Federal Reserve Chair Jerome Powell.
The president can nominate a new chairman or reappoint the existing chair – either of whom must be confirmed by the Senate – at the end of the current chair’s four-year term, but removing or ...