In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair’s performance, and suggests that Powell will rate cuts in attempt to give Democrats an advantage in the 2024 elections.

Trump’s criticism comes amidst concerns over inflation and the Federal Reserve’s handling of monetary policy. The former President believes that Powell’s approach has not been in the best interest of the U.S. economy. The Federal Reserve plays a crucial role in shaping economic policies and managing interest rates, impacting everything…

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