President Trump’s intensifying attacks on Federal Reserve Chairman Jerome Powell are having a destabilizing effect on financial markets and rattling Republican lawmakers.
Trump’s criticisms of the central bank’s chief policymaker kicked into high gear Monday, not long after Treasury Secretary Steven Mnuchin tried to reassure markets by insisting Trump has no intention of firing Powell.
Trump has undercut that claim by blaming the Fed for market volatility and recent economic woes.
View the complete December 24 article by Alexander Bolton on The Hill website here.