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Trump’s War With the Fed Heats Up

August 29, 2025

by Adam Sharp
Daily Reckoning

In August of 2019, former NY Federal Reserve President Bill Dudley launched an attack on President Trump.

The attack came in the form of an opinion piece in Bloomberg.

In it, he argued that Trump’s trade war with China threatened to crash the U.S. economy.

So Dudley wrote that the Fed should consider punishing Trump for his bad policies.

Here’s an excerpt from that 2019 Bloomberg editorial by Dudley (via Zerohedge):

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