Trump’s war against Fed Chair Jerome Powell is crushing the value of the U.S. dollar

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Trump’s war against Fed Chair Jerome Powell is crushing the value of the U.S. dollar

fortune.com/2025/06/26/trump-fed-powell-us-dollar

The U.S. dollar fell again today, following President Trump’s attacks on Fed Chair Jerome Powell and reports that Trump may name a replacement for him soon. Investors fear Trump’s influence could undermine Fed independence, leading to lower interest rates and worse inflation. Bond…

This story appeared on fortune.com, 2025-06-26 11:01:48.