Tag Archives: Feds

States sue to force feds to release $7 billion in education funding – The Washington Post

States sue to force feds to release $7 billion in education funding  The Washington Post 24 States Sue Trump Over $6.8 Billion Withheld From Education  The New York Times Fairfax County schools brace for impact of frozen federal grant money  NBC4 Washington Blue states sue Trump administration in bid to undo freeze on billions in public education funds  CNN States sue over ‘plainly against …

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If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

Deutsche Bank published an explosive research note over the weekend titled simply, “What if ?” (And yes, it includes that idiosyncratic use of extra spaces in front of the question mark.)  Written by global head of FX research George Saravelos, it explores what might happen if President Trump gets his way and forces Jerome Powell out of the chairmanship of …

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Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.” Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell, whom the president has repeatedly bashed over interest rates, Hassett said, “That’s a thing that’s being …

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