Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump
Briefly

Jay Powell has successfully managed inflation without triggering a recession, a feat doubted by many on Wall Street, but the prospect of Trump's return raises questions about the Fed's independence.
During a recent news conference, Powell firmly stated he would not resign at Trump's request, emphasizing that a president does not have the legal authority to fire the Fed chair.
Read at www.nytimes.com
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