Trump’s New Fed Chair Pick Gets Good News From the Senate

Again, Trump doesn’t get many legislative wins despite the fact that the GOP has control of both chambers

But the majority comes through for him at crucial moments, it seems, and this was one of them.

Powell has been a thorn in Trump’s side despite the fact that the current president appointed him in 2018. Previously, he was appointed to the Federal Reserve Board by the most divisive president in history, Barack Obama, so it only makes sense that Powell, who has resisted lowering interest rates for most of Trump’s second term, did so twice ahead of the 2024 election, no doubt to help Kacklin’ Kamala Harris.

It’s time for him to go, but he won’t; he’s taking the nearly unprecedented step of remaining on the Fed Board so he can continue sabotaging Trump’s economic agenda. But at least he won’t be the head dog for much longer.