Tag Archives: Capitulate

Trump Pressures Powell to Capitulate, but the Fed Chair Holds His Ground Firmly

Trump Pressures Powell to Capitulate, but the Fed Chair Holds His Ground Firmly

Jerome Powell knew the summer hearings would not be easy. Minutes before his testimony, he sat still in the chamber, staring straight ahead, preparing for the barrage. It did not take long. Ohio Senator Bernie Moreno, a Trump ally, accused him of partisanship for comments about tariffs and inflation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% …

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