Trump calls on the Federal Reserve board to take full control of the central bank from Powell
Trump calls on the Federal Reserve board to take full control of the central bank from Powell

apnews.com
Trump calls on the Federal Reserve board to take full control of the central bank from Powell

The Fed has the responsibility of stabilizing prices and maximizing employment. Powell has held its benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact Trump’s massive tariffs had on inflation.