Trump tries to wrest spending power from Congress as government shutdown looms The Washington Post Trump bypasses Congress to cancel nearly $5 billion in foreign aid CNN Schumer and Collins rage over Trump’s “pocket rescissions” Axios Trump moves to unilaterally withhold funds, drawing bipartisan calls of illegality Government Executive Trump blocks $4.9B in foreign aid Congress OK’d, using maneuver last seen nearly 50 years …
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Trump demands that Federal Reserve board wrest full control of central bank from Fed Chair Powell
WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates. Posting on his Truth Social platform, Trump called Powell “stubborn.” The Fed chair has been subjected to vicious verbal attacks by …
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