Trump in Panic? The Kevin Warsh Shock
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Trump has been pressuring the Fed to lower interest rates. He has been pushing to oust Chairman Powell to appoint Kevin Warsh as Chairman...
Contrary to Trump's wishes, Kevin Warsh has suddenly raised interest rates... Trump seems to be in a state of panic.
It seems the roles of Trump and the Fed are different.
The Fed reacts according to the market, while Trump acts because of his approval ratings...
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