Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
The remarks have also rekindled fears that Trump would attempt to fire Powell if the central banker holds off on rate cuts for too long.

Trump’s Fed fiddling causes Hill heartburn

President Donald Trump called on the Federal Reserve to lower interest rates late Wednesday night, just hours after the central bank announced it wouldn’t touch rates this month. The Fed faces deep uncertainty over the direction of the U.S. economy thanks in large part to Trump’s policies.

Let’s start with Trump. Here’s his post from Truth Social:

Subscripion logo

You're seeing a preview of our Premium coverage. Read the full story by subscribing here.

Presented by AstraZeneca

The 340B program was created to help patients. Instead, it’s helping hospitals earn massive profits. The 340B Rebate Model Pilot uses rapid verification of existing data to prevent duplicate discounts, strengthening program transparency and efficiency. Urge HHS to implement the Rebate Model Pilot and ensure 340B functions as intended. Get the facts.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by AstraZeneca

The 340B program is supposed to help vulnerable patients—but without strong safeguards, it’s siphoning away funds that could be used for free and charitable medicine. The 340B Rebate Model Pilot improves program integrity, preventing duplicate discounts and strengthening accountability. Urge HHS to implement the pilot today. Learn why it matters.

Welcome to Punchbowl News AM! We're glad to have you here.

Want to get more of what you need? Share a bit more about yourself to help us tailor your reader experience.

Thank you for signing up!

Thank you for signing up!

 

We have sent you a confirmation email. Please follow the provided instructions to complete your sign-up.

Thank you for confirming! You are now subscribed to the Punchbowl News AM list.

You're subscribed! Welcome to the community.