Trump-Watch: Interest Rate Hike and Russian Wedding Sponsor – This Week's Trump News
The US Federal Reserve raises the key interest rate against Trump's will. But is this really a power struggle with Fed Chairman Kevin Warsh or a well-staged role-playing game?
US President Donald Trump faces resistance on several fronts. The US Federal Reserve, led by Kevin Warsh, has raised interest rates despite Trump's recent calls for significant cuts. Meanwhile, Trump has attributed high diesel prices to the Ukraine, not the Iran conflict, a stance welcomed by the Kremlin. Additionally, generous funding from Russian oligarch Umar Kremlev for a party after Donald Trump Jr.'s wedding has raised questions.
The US House of Representatives has postponed discussions on an impeachment procedure against Defense Minister Pete Hegseth.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
