Trump's Fed Takeover: Court Battles and Rate Control
Update: 2025-09-10
Description
Trump's power grab at the Federal Reserve hits a snag as a court blocks the firing of Fed Governor Lisa Cook, but his nominee Stephen Miran advances, inching him closer to a Fed majority. Is Trump packing the Fed to slash interest rates and boost his agenda, or will this gamble trigger inflation and higher long-term rates for everyone? The battle for control of the Fed is heating up, with potential Supreme Court showdowns and the future of independent economic policy at stake.
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