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Trump Has Drafted Letter to Fire Fed Chair and Asked Republicans if He Should (www.nytimes.com)

submitted 3 days ago by memfree@lemmy.ml to c/usa@lemmy.ml

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President Trump showed off a draft of a letter firing the chair of Federal Reserve, Jerome H. Powell, during a meeting with roughly a dozen House Republicans on Tuesday night, polling them as to whether he should do it and indicating that he likely would, according to two people briefed on the meeting.

The NYT contains several quotes from the CBS story ,but skips much of the name calling Trump uses against Powell.

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[–] bobs_monkey@lemmy.zip 10 points 3 days ago

Oh I know, but we all know he's gonna try.

If he gets his way, they'll throttle down interest rates, inflation will soar as business raise prices to recoup their losses from the tariffs, and we're all up shit creek more than we already are.