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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...

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Diplomacy or Defiance? Bob Rae’s Fox News Tariff Critique Sparks Conservative Outrage

 


In a recent Fox News interview, Canada's Ambassador to the United Nations, Bob Rae, delivered a sharp critique of President Donald Trump’s use of tariffs. Rae argued that leveraging tariffs as a political tool is not only irresponsible but could also destabilize international trade relationships. His comments, which have been labeled “outrageous” by U.S. conservatives, have ignited a fierce debate over the appropriate role of tariffs in economic policy.

Rae’s criticism centered on the notion that tariffs should not be employed as a bargaining chip in political maneuvering. Instead, he emphasized that economic measures must focus on long-term stability and fairness in global trade, rather than serving short-term political interests. This stance has struck a nerve among conservative commentators in the United States, who view his remarks as undermining the legitimacy of current trade policies and bolstering critics of President Trump’s approach.

The fallout from the interview reflects deep partisan divisions regarding trade policy. While Rae’s supporters applaud his call for a more principled and strategic approach to tariffs, detractors argue that his criticism could weaken the U.S. negotiating position on the global stage. As debates over economic strategy continue to simmer, this controversy underscores the challenges inherent in balancing political objectives with sound economic policy.


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