“He Should Be Ashamed”: Trump’s Escalating Fed War Reaches Fever Pitch as Election Looms
President Donald Trump intensified his campaign against Federal Reserve Chair Jerome Powell, demanding immediate interest rate cuts during a fiery rally in Michigan, while accusing the central bank of “economic treason.” The extraordinary broadside marks a dangerous new phase in political pressure on the supposedly independent institution. The Context: Yields on 10-year Treasuries surged to […]