Targeting the Fed’s Powell, Team Trump can’t seem to help itself
Jerome Powell is the target of a DOJ criminal investigation and dismissal threats by President Trump as his term approaches its end.
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Jerome Powell is the target of a DOJ criminal investigation and dismissal threats by President Trump as his term approaches its end.
President Trump is threatening to fire Fed Chair Jerome Powell and continuing a DOJ investigation despite judicial pushback and Senate Republican opposition. This conflict threatens the Federal Reserve's independence and the confirmation of Powell's successor.
Senator from North Carolina
Right-leaning outlets like The Gateway Pundit focus on the DOJ investigation into Fed headquarters construction, framing Powell as "stonewalling" prosecutors. In contrast, left-leaning sources such as RawStory describe the move as a "vendetta" and highlight Powell’s commitment to protecting the central bank's independence from political interference.
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