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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Alan Rappeport
Author: Alan Rappeport

Written by

Alan Rappeport and Colby Smith

in

Appointments and Executive Changes, Federal Reserve System, Kugler, Adriana, Powell, Jerome H, Regulation and Deregulation of Industry, Trump, Donald J, United States Politics and Government
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