Trump, Powell and Fed
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The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know about Powell and the Fed.