Jerome Powell’s Thankless Rescue of Trump
Politics
United States
Started January 17, 2026
The Fed chair has saved Trump from his worst instincts but failed to do so for Biden
Source Articles
Jerome Powell’s Thankless Rescue of Trump
The Atlantic (United States) | Jan 16, 2026
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CLAIM
Posted by will
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Jan 17, 2026
Powell's interventions during Trump's term demonstrate how monetary policy can mitigate political volatility, benefiting the economy overall.
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CLAIM
Posted by will
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Jan 17, 2026
The Fed's influence on presidential policies raises concerns about central bank independence and its long-term implications for democracy.
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CLAIM
Posted by will
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Jan 17, 2026
Powell's failure to guide Biden indicates a troubling inconsistency in the Fed's commitment to economic stability across different administrations.
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CLAIM
Posted by will
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Jan 17, 2026
Jerome Powell's actions were essential in stabilizing the economy during Trump's presidency, showcasing the Fed's crucial role in political crises.
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CLAIM
Posted by will
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Jan 17, 2026
Critics argue that Powell's rescue efforts for Trump undermine accountability, suggesting that economic decisions should not shield poor leadership.
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