Can Trump fire Federal Reserve Chair Jerome Powell who he criticized over interest rates?

Can Trump fire Federal Reserve Chair Jerome Powell who he criticized over interest rates?

WASHINGTON – President Donald Trump has increased his criticism of Federal Reserve Chair Jerome Powell, expressing frustration over the central bank’s reluctance to execute aggressive interest rate cuts. In a statement posted to Truth Social, Trump remarked that Powell’s “termination cannot come fast enough,” emphasizing his dissatisfaction with the Fed’s choices under Powell’s leadership. The…

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Florida passes cell phone ban; Hope Florida resignation

Florida passes cell phone ban; Hope Florida resignation

Hope Florida Foundation officials answer questions in Tallahassee, and Orlando Mayor Buddy Dyer reacts to a demand to change the city’s approach to immigration enforcement. School cell phone ban bill passes the Florida House The Florida House unanimously passed a bill Wednesday that would ban cellphone use in schools, except in certain situations. House Bill…

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Chinese EV Expansion Poses Risks to European Market

Chinese EV Expansion Poses Risks to European Market

Summary: The European automotive industry faces increasing competition from Chinese EV companies. BYD (BYDDF, Financial) is aggressively pursuing the European EV market, aiming to secure a larger foothold. Strategic moves, including imports and local production, are key tactics employed by these firms. Introduction Amidst a rapidly evolving automotive landscape, the European car industry finds itself…

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