Day: April 22, 2025

President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed’s refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.S. central bank chief over the matter.

News Review

The theory and practice of Trump’s economic policy

Post author By Mike Nova
Post date April 22, 2025

The president’s tariffs (https://www.reuters.com/breakingviews/theres-no-easy-escape-us-bubble-economy-2025-04-11/) have wreaked havoc in financial markets (https://www.reuters.com/breakingviews/why-stablecoins-will-entrench-dollars-supremacy-2024-10-25/) . Beneath the short-term turmoil, though, are more fundamental woes (https://www.reuters.com/breakingviews/trumps-confidence-sapping-policies-echo-1930s-2025-03-14/) . In this episode of The Big View podcast, Edward Chancellor describes how the US became a bubble economy, and why deflating it is so dangerous.

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News Review

Clay Higgins Asks Expert About The Importance Of ‘Modernization Of the Grid’ In AI Development

Post author By Mike Nova
Post date April 22, 2025

During a House Oversight Committee hearing prior to the congressional recess, Rep. Clay Higgins (R-LA) questioned Mark P. Mills, the Executive Director at the National Center for Energy Analytics, about modernizing the energy grid.

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