From Hindustan Times
Center Owned by HT MediaThe Democratic surge will cap Trump’s reach at the Fed
What's behind this
Wall Street is accelerating megadeals as the midterm elections produce a Democratic rout, prompting executives to feel a sudden urgency to complete transformational transactions while regulators remain M&A‑friendly under the Trump administration. The Democratic surge is expected to limit the president’s influence over the Federal Reserve, with a Senate majority representing the broadest check on his attempts to control the central bank. Recent Democratic victories in state attorney‑general races are also adding new challenges for Trump.
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center · 1 outlet
A Democratic majority in the Senate would be the broadest check yet on the president’s efforts to control the U.S. central bank.
RSS excerpt
A Democratic majority in the Senate would be the broadest check yet on the president’s efforts to control the U.S. central bank.
