Donald Trump on Thursday waged his most brazen assault on an institution that sits at the heart of the US economy when he descended on the Federal Reserve.
As the president toured the central bank’s Washington headquarters, he slapped its chief, Jay Powell, on the back and said: “I would love it if he lowered interest rates.”
Powell’s awkward laugh in the moments that followed underscores how Trump is publicly challenging the Fed in a way never seen in the history of the central bank.
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