Politics8/20/2025β€’Bloomberg

Trump Escalates Pressure Campaign on Fed, Calls for Cook to Quit

Trump Escalates Pressure Campaign on Fed, Calls for Cook to Quit

The article discusses President Trump's continued criticism of the Federal Reserve and its chairman, Jerome Powell. Trump has repeatedly called for the Fed to lower interest rates and accused the central bank of undermining the U.S. economy. In the latest development, Trump has now criticized Apple CEO Tim Cook for not manufacturing the company's products in the U.S. and called for Cook to resign from the Fed's board of directors. The article suggests that Trump's attacks on the Fed and its leadership are part of a broader pressure campaign to influence the central bank's policies. The president has expressed concern about the impact of interest rate hikes on the economy, particularly as he seeks re-election in 2020. The article also notes that Trump's comments on Apple and Cook's position on the Fed's board are seen as a continuation of his efforts to shape the central bank's decision-making process.

Source: For the complete article, please visit the original source link below.

Related Articles

Badenoch to set out new rule to cut borrowing and taxes
πŸ›οΈ Politics1h agoβ€’1 min read

Badenoch to set out new rule to cut borrowing and taxes

Source: BBC
UK won't relax visa rules for India, Starmer says
πŸ›οΈ Politics1h agoβ€’1 min read

UK won't relax visa rules for India, Starmer says

Source: BBC
Australia and Singapore in Talks for Reciprocal Defense Access
πŸ›οΈ Politics2h agoβ€’1 min read

Australia and Singapore in Talks for Reciprocal Defense Access

Source: Bloomberg
Senate Confirms Ben Black to Lead US Development Lender
πŸ›οΈ Politics2h agoβ€’1 min read

Senate Confirms Ben Black to Lead US Development Lender

Source: Bloomberg
Japan’s Wage Growth Slows, Underscoring Challenge for Takaichi
πŸ›οΈ Politics3h agoβ€’1 min read

Japan’s Wage Growth Slows, Underscoring Challenge for Takaichi

Source: Bloomberg
Modi Opens Adani Airport, Metro Line as $4 Billion Mumbai Facelift Kicks In
πŸ›οΈ Politics3h agoβ€’1 min read

Modi Opens Adani Airport, Metro Line as $4 Billion Mumbai Facelift Kicks In

Source: Bloomberg