Reports on Donald Trump See all

Nov. 2, 2017, Washington, D.C.: U.S. President Donald Trump presents Jerome Powell as his nominee for Federal Reserve Board Chairman

U.S. economy awaits the next moves by Powell and Trump

U.S. Federal Reserve Chairman Jerome Powell worries that the Trump administration’s trade dispute with China is hamstringing the American economy. President Donald Trump believes a more aggressive monetary policy is necessary. Both men want to burnish their image and consolidate their power. To do so, they may make moves that would not necessarily benefit the U.S. economy.

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