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Jerome Powell | Biography, Federal Reserve, Facts | Britannica Money Powell’s efforts to raise interest rates further were met with resistance from President Donald Trump Shortly after taking office, Powell oversaw his first interest rate increase of 0 25 percentage points Trump publicly criticized Powell for raising interest rates, arguing the move would slow economic growth and undermine Trump administration policies, and discussed the possibility of
Jerome Powell | AP News As president, Donald Trump doesn’t get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed’s headquarters