The Guardian -
24 Jan 2026 12:00
Conservative majority appears eager to hand president greater power - with one exception: the US central bankDonald Trump has tried his usual tactics when it comes to getting the US Federal Reserve to lower interest rates: bully when persuasion doesnt work, and then fire when bullying doesnt work.In an unprecedented assault on the central bank, the president has called the Fed chair, Jerome Powell, stupid and threatened to fire him for not cutting interest rates as quickly as Trump would like. M...
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