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Trump has discussed firing Federal Reserve chairman in ‘frustration’ after rate interest hike: report

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President Donald Trump may fire the chairman of the Federal Reserve because of his decision to raise interest rates, Bloomberg reports.

The report says Trump has “discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified,” blaming him for months of stock-market losses.

The report is sourced to four people familiar with the matter.

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“Advisers close to Trump aren’t convinced he would move against Powell and are hoping that the president’s latest bout of anger will dissipate over the holidays, the people said on condition of anonymity. Some of Trump’s advisers have warned him that firing Powell would be a disastrous move,” the report says.

Trump has been counseled to not make the move, the report said, and market watchers think things could go sideways if he did.

“Any attempt by Trump to push out Powell would have potentially devastating ripple effects across financial markets, undermining investors’ confidence in the central bank’s ability to shepherd the economy without political interference.,” the report said.


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Trump may win his impeachment trial battle and end up in even bigger trouble afterward: columnist

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In a column for Politico, senior media editor Jack Shafer claimed that President Donald Trump appears to be winning his Senate impeachment trial battle but that he is setting himself to lose the war in the long run.

According to the columnist, the president is likely responsible for directly coming up with his impeachment defense but also notes that he hasn't looked past the trial and what awaits him if he gets his wish and Senate Republicans dismiss the charges against him.

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Leader of Neo-Nazi militia unmasked as American based in Russia

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The American founder of The Base has been directing the neo-Nazi extremist group from Russia.

The militia group founder's identity has been revealed as Rinaldo Nazzaro, who left New York for St. Petersburg less than two years ago, reported BBC.

The Guardian also confirmed Nazzaro as the group leader who goes by "Norman Spear" and "Roman Wolf," and claims to have served as an intelligence, military and security contractor in Russia and Afghanistan.

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CNN’s Camerota baffled as GOP senator spins Chuck Schumer power-grab conspiracy theory

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CNN host Alisyn Camerota seemed visibly stunned on Friday morning as a Republican senator spun an elaborate conspiracy theory about Sen. Chuck Schumer by claiming the impeachment trial of Donald Trump is just a cover for the New York Democrat to make himself Senate majority leader.

Defending President  Trump, Sen. John Barrasso (R-WY) complained about having to watch videos of House impeachment hearing witnesses multiple times during the Senate impeachment trial, before turning his ire on Schumer.

"You know, Alisyn, what this is about -- and Chuck Schumer has been out front about it -- this isn't about removing the president. It's about Chuck Schumer trying to become the majority leader in the United States Senate," he accused. "He has targeted specific members of the Senate. He has attacked the Senate, the process, the senators [by] running commercials against them."

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