During an Oval Office meeting with congressional Republicans a few days ago, President Trump showed off the draft of a letter that would fire Jerome H. Powell, the chair of the Federal Reserve.
It’s the latest chapter in a dysfunctional relationship that has major implications for the global economy.
Guest: Colby Smith, who covers the Federal Reserve and the U.S. economy for The Times.
Background reading:
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Photo: Tom Brenner/The New York Times
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