Trump believes he has authority to demote Fed’s Powell
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Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently.
Defense Secretary Pete Hegseth signed a memo Monday that aims to reduce the number of four-star generals and flag officers in the U.S. military. This directive “is a historic one, and it’s in keeping with President Trump’s commitment to achieving peace through strength,” Hegseth said in a video message announcing the order. “We’re gonna shift […]
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