Reuters: U.S.

Monday, December 24, 2018

News Alert: Trump’s Fed feud roils markets, alarms Republicans

 
 
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Trump’s Fed feud roils markets, alarms Republicans
President Trump’s intensifying attacks on Federal Reserve Chairman Jerome Powell are having a destabilizing effect on financial markets and rattling Republican lawmakers.

Trump's criticisms of the central bank’s chief policymaker kicked into high gear Monday, not long after Treasury Secretary Steven Mnuchin tried to reassure markets by insisting Trump has no intention of firing Powell.
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