Why is the Fed chairman, Jerome Powell, stubbornly clinging to his high interest rate policy? Indeed – why is Mr. Powell clinging to his job? A Federal Reserve governor, Adriana Kuegler, just announced her resignation today, effective August 8. I believe President Trump can actually name his own governor to replace her – and then appoint that person as chairman of the Fed. Subject to Senate confirmation.
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Why Is Powell Clinging to His Job?
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