powell

Trump May Sue Powell as CPI Data Lifts Crypto

President Donald Trump is stirring things up again, saying he might sue Federal Reserve Chair Jerome Powell over the high costs of renovating Fed buildings. At the same time, he’s pushing hard for the Fed to cut interest rates after the latest US CPI data came in at 2.7%, lower

August 12, 2025 2 mins read

Trump decides to Replace Fed Chair Jerome Powell

The Federal Reserve is the central bank of the US. It sets interest rates and makes decisions to maintain the stability of the economy. The Fed is supposed to be independent. This means it should not be controlled by the president or politicians. Jerome Powell is currently the Federal Reserve

April 17, 2025 3 mins read