President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
White House advisers are now unequivocally engaged in a coordinated effort to dramatically ramp up the pressure on Powell in public statements and through bureaucratic moves designed to give Trump more leverage.
That leverage, sources say, isn’t designed to trigger Powell’s removal —
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