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Kevin O'Leary Doesn't See Supreme Court Clipping Trump's Wings On Tariffs: 'Executive Needs The Authority To Set Trade Policy'
Powell said the Federal Reserve is monitoring tariff-driven inflation pressures expected to be temporary and avoided commenting on the Supreme Court case to avoid influencing judicial matters.
Summary by Benzinga
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Kevin O'Leary Doesn't See Supreme Court Clipping Trump's Wings On Tariffs: 'Executive Needs The Authority To Set Trade Policy'
Investor Kevin O'Leary pushed back on speculations that the Supreme Court could curtail President Donald Trump's authority to impose tariffs, arguing that presidential control over trade policy is both longstanding and necessary.
·New York, United States
Read Full ArticlePowell refuses to weigh in on Supreme Court case threatening Trump's tariff policies
Federal Reserve Chairman Jerome Powell on Wednesday declined to comment on the upcoming Supreme Court decision that could shape the future of President Donald Trump's trade agenda."It's not something I want to address here," Powell said during a press conference following the central bank's December interest rate decision. "It's before the courts and we don't think that we help matters by trying to engage," he added.When asked how the Fed would …
·United States
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Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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