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Podcast: Americast
Episode: Why is Trump targeting America's most powerful bank?
Description: For some time Donald Trump has been taking shots at the Federal Reserve. It's America's central bank and the institution that decides on interest rates and regulates the nation's financial system.In the main it operates independently of the White House and it's therefore no stranger to conflict when it comes to presidents and their economic agenda. Up until now, no president has ever actively tried to reshape its governance in the way that Donald Trump has, either by publicly insulting its chair, Jerome Powell, or attempting to fire one of its governors, Lisa Cook....