"Trump's Fed Fiasco: President's Feud with Powell Imperils Transition Plans" President Trump's long-standing feud with Federal Reserve Chair Jerome Powell has reached a boiling point, putting his plans to replace the central bank leader in jeopardy. As Trump continues to publicly criticize Powell, the Fed chair's future at the helm of the institution remains uncertain, casting a shadow over the president's ability to appoint a new leader. The Senate, which must confirm Trump's nominee, is also watching the situation closely, with some lawmakers expressing concerns about the president's approach to the Fed transition. With the Fed's role in shaping the nation's economic policies, the stakes are high, and observers are waiting to see how this drama will play out.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's feud with Powell threatens Fed transition President Trump's effort to push out Federal Reserve Chair Jerome Powell is threatening his ability to finally replace his nemesis at the central bank. © AP Photo The Senate...
