The Republican Senator supports Powell on Trump attacks on Fed

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The Republican Member of the Senate Committee, who controls the Federal Reserve, has been attacked by Donald Trump’s Jay Powel, said no president has no authority to fire the head of the United States.

“I do not think that the president has the right to eliminate any president and the Federal Reserve Board,” the Republic of Louisiana sitting in the Senate Banking Committee, Sunday in NBC. “I think the federal reserve must be independent.”

Words come in a few days after Trump believes that the authority he has on fire PowellTo inform journalists in the Oval office on Thursday: “If I want him, he will come out in a true speed, believe.”

The relations between the President and the chairman of the Central Bank and the Fed were aggravated in the face of the Fed to reduce interest rates because he returned to the White House in January.

Reviews, including Powell, increasing prices by threatening the growth and prices of Trump’s tariffs

The statements of the Fed chairman, which will remain in office in May 2026, began to go to the truth on Thursday to say that “the termination of Powell will not be able to be terminated.”

On Sunday, Kennedy defended the fact that the Fed was aimed at inspecting the inflation: “I have experience with Jay Powell, and he intends to go down in history as the Federal Reserve Chairman, which allows inflation to inflation like March rabbits.”

Inflation Private consumption costs In 2022, since the early 1980s, it was the highest level, and 2 percent of the Central Bank remains at 2.5 percent.

Somewhat officials The Central Bank thinks the tariffs can raise the annual price to 5 percent this year.

Chicago Fed President, President of the Chicago President CBS, the “may seem artificially highly higher than the activity” products that can be affected by the tariffs “can be artificially high,” means “action can be seen artificially high.”

When Truum’s attacks on Powell, Goolsbee, the independence of the Central Bank “The inflation rate is higher, the more slow, the market is worse,” he said.

“I hope that we hope that we move towards an environment in questioning ourselves are questioned.” “This breaks the reliability of the Fed.”