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Sunday, July 20, 2025

Trump’s attacks on Fed chair Jerome Powell risk tanking the dollar

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Donald Trump’s attacks on Federal Reserve Chair Jerome Powell threaten far more than one man’s job—they endanger the entire U.S. and global economy. The Fed was intentionally designed to operate independently of political pressure, with a core mission to stabilize prices and support employment. Undermining that independence for the sake of one man’s political agenda won’t just spark academic debate—it will raise your mortgage, inflate your grocery bill, and destabilize financial mark

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