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Powell, Trump and White House
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Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome
William Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent international reserve currency, making credit dearer rather than cheaper.
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.
Republican calls for Federal Reserve Chair Jerome Powell to resign have grown louder in recent weeks, but Louisiana Sen. John Kennedy says politicians need to back off.
Rev. John Powell, who died Thursday, July 10, is being celebrated for his life of service and dedicated to youth and families in the Pensacola area.
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Countdown to Kickoff: Tyreem Powell is the Saints Player of Day 57Undrafted rookie linebacker Tyreem Powell may have the ideal attributes for Brandon Staley's version of the Saints defense. He's the Player of Day 57.
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