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Trump Advisor's Proposal Of 'Shadow Fed Chair' Turning Jerome Powell Into A Lame Duck Gets Slammed By Economist Claudia Sahm: 'What Could Possibly Go Wrong? Everything!'
Wednesday, October 9, 2024 - 11:15pm | 491Renowned economist Claudia Sahm expressed concerns over a proposal by a Trump advisor to establish a “shadow Fed chair,” potentially undermining current Federal Reserve Chair Jerome Powell. What Happened: Sahm’s comment came in response to a post by Heather Long, an Economic...
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Trump Isn't Happy With Jerome Powell's 50 Bps Rate Cut Maneuver: 'I Guess It Shows The Economy Is Very Bad'
Wednesday, September 18, 2024 - 9:29pm | 594In the run-up to the presidential election, Donald Trump, the Republican nominee, has voiced his disapproval of the Federal Reserve’s recent decision to slash its benchmark interest rate by half a percentage point. Trump suggests this move could be indicative of a faltering U.S. economy or a...