Will Trump Get His Way With the Federal Reserve? Can Powell Be Fired?
Apr 21, 2025•12 min•Ep. 1664
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Episode description
Mortgage rates just surged to their highest level since February, sending homebuyers scrambling for riskier adjustable-rate loans. Meanwhile, President Trump is escalating his feud with Federal Reserve Chair Jerome Powell, threatening to remove him over interest rate policy. In today’s episode, we break down what rising rates mean for buyers and investors, why adjustable-rate mortgages are making a comeback, and how political pressure on the Fed could shake the entire housing market.
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