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U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.
Elizabeth Frantz | Nathan Howard | Reuters
U.S. President Donald Trump volition sojourn the Federal Reserve connected Thursday, the White House said, escalating his unit run against Chairman Jerome Powell.
This is the archetypal clip successful astir 2 decades that an American president has made an authoritative travel to the cardinal bank.
American presidents person traditionally respected the independency of the cardinal bank, which is insulated some successful instrumentality and successful signifier from the governmental whims of elected officials.
Trump's visit is simply a singular symbolic determination connected that independence, bringing his drumbeat of disapproval implicit Powell's refusal to little involvement rates close to the chairman's doorstep.
The White House released a docket connected Wednesday that said Trump would sojourn the Federal Reserve astatine 4:00 p.m. ET connected Thursday.
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