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Trump responds firmly to Fed turmoil: I don't care, they should remain loyal
Summary: In response to news that the US Department of Justice is investigating Fed Chair Powell, some Republican senators have expressed strong dissatisfaction, expected to block new Fed chair nominations to maintain the central bank's independence. Trump responded firmly to this. When asked about the opposition within the Republican Party, Trump said, 'I don't care, there's ...
In response to news that the US Department of Justice is investigating Fed Chair Powell, some Republican senators have expressed strong dissatisfaction, expected to block new Fed chair nominations to maintain the central bank's independence. Trump responded firmly to this.
When asked about the opposition within the Republican Party, Trump said, 'I don't care, there's nothing to say. They should remain loyal.'
In addition, Trump also countered JPMorgan Chase CEO Jamie Dimon's warning that Trump's intervention in the Fed could raise inflation: 'I don't care what he says.'
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