Trump, Jerome Powell and Deutsche Bank
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Concern about US President Donald Trump removing the Federal Reserve chairman will continue to linger over markets and put pressure on the dollar and Treasuries until it is resolved, said George Saravelos,
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.
Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big news from my investigators on Epstein’s sex trafficking operation: the Trump administration has an Epstein file detailing 4,
Trump initially appointed Powell to the role of Fed Chairman in 2018. Joe Biden renominated him in 2021.
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Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
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Raw Story on MSN'Follow the money': Senator describes what he saw in Epstein's bank recordsA Democratic senator is continuing his investigation into Jeffrey Epstein's financial network as President Donald Trump calls on his supporters to move on. Sen. Ron Wyden (D-OR) and some of his staffers have seen confidential files related to the massive sums of money Epstein moved through the banking system to fund his sex trafficking network,
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Amazon S3 on MSNTrump's Ouster Of Fed Chair Powell Could Trigger 'Collapse' Of Currency And Bond Market, Deutsche Bank WarnsDeutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.
Key Takeaways The administration has admonished Federal Reserve Chair Jerome Powell for costly repairs to the central bank's main buildings.The Fed says the repairs were needed to address the disrepair of a building that hadn't been renovated since it was built in the 1930s.