Trump's legal attack on Jerome Powell underscores his aim for full control over Fed

  • Posted on January 12, 2026
  • By Business News Today
  • 3 Views
Trump's legal attack on Jerome Powell underscores his aim for full control over Fed

The subpoenas apply to the cost of renovating Fed buildings, including its marble-clad headquarters in Washington, DC, but they are more fundamentally about the fate of the Fed's independence, how power is distributed within the federal government, and how it will effect the US economy.
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