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Trump is quietly changing the Fed, even without firing Powell
Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said — and they’re already starting to make good on that promise. Treasury Secretary Scott Bessent last week made it clear that the Trump administration intends to shake up the Federal Reserve — just as it has done with the rest of the federal government. Change at the central bank will accelerate once Chair Jerome Powell steps aside at the end of his term in May 2026 — or earlier if he resigns or Trump manages to fire him. Those changes include the rules that impact the largest US banks, ... (full story)
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From cbc.ca|Jul 28, 2025|5 commentsBy just about every indicator, the U.S. economy is holding up remarkably well. When Donald Trump launched his global trade war, economists and markets said his tariff policy would ...
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- Jul 28, 2025 4:28am Posted byFundamental Analysis5,960
