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What does the Federal Reserve do, and why is Trump unhappy with chair Powell?
cbsnews.com/news/what-does-the-federal-reserve-do-and-why-is-trump-mad-at-its-chair-jerome-powellPresident Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
This story appeared on cbsnews.com, 2025-07-18 01:15:26.