U.S. Markets Tumble as President Trump Clashes with Fed Chair Powell

U.S. Markets Tumble as President Trump Clashes with Fed Chair Powell

New York — April 21, 2025 — U.S. stock markets took a sharp hit Monday following escalating tensions between President Donald Trump and Federal Reserve Chair Jerome Powell, reigniting investor fears over central bank independence amid a backdrop of persistent trade friction. The Dow Jones Industrial Average dropped over 600 points by midday, while the […]