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Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns /
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2024-06-26 23:02:41

Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns on Nostr: Real Estate Mogul Grant Cardone Supports Donald Trump's Proposal to Take Control of ...

Real Estate Mogul Grant Cardone Supports Donald Trump's Proposal to Take Control of the Federal Reserve
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#6e491e74 ver:0.27

Real estate mogul Grant Cardone supports Donald Trump's proposal to take control of the Federal Reserve, citing concerns about the central bank's impact on the US economy. However, there are concerns about eroding the Fed's independence. The Fed's independence is crucial for making decisions based on economic data, and recent events have highlighted the challenges of maintaining this separation. Federal Reserve Chair Jerome Powell has emphasized that the Fed's decisions will be guided by what is best for the economy, not politics. The White House has defended the Fed's independence, while an article warns against playing politics with the central bank, as it could undermine its credibility and effectiveness. #FederalReserve #Independence #Politics...

#newstr #DonaldTrump #GrantCardone #FederalReserve #JeromePowell #InterestRates #Economy

https://here.news/story/6e491e74?ver=0.27
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