Donald Trump, Federal Reserve and Jerome Powell
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Former Fed chairs, foreign investors, and Wall Street analysts responded to President Trump's growing economic influence this week.
On July 22, 2025, former President Donald Trump proposed eliminating capital gains taxes on home sales, sparking debate over its potential economic impact. This bold move, announced during a meeting with the President of the Philippines,
President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in objection to excessively high interest rates. But this debate is not about
President Trump on Thursday is taking a tour of the Federal Reserve with Chair Jerome Powell in tow. Powell and Trump walked side-by-side in hard hats. Trump was touring renovations at the facility that the administration has taken issue with.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.