President Trump could possibly fire Federal Reserve chair Jerome Powell over questions about the renovation of Fed facilities, National Economic Council director Kevin Hassett said Sunday.
Why it matters: The administration's relentless efforts to get Powell to either cut interest rates or leave have called the future independence of the central bank into question.
It's shaping up to be a summer of firings for tens of thousands of federal workers, now that the Supreme Court cleared the way for agencies to conduct layoffs.
Why it matters: Opponents of the White House chainsaw approach say the federal government's capabilities will be forever damaged by these cuts.
President Trump on Saturday posted letters threatening the European Union and Mexico with 30% tariffs as of August 1.
Why it matters: Trump has reverted to the fully aggressive trade posture he took in early April, with a stable economy at his back and financial markets showing no signs of stopping him.
