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JenniferJJacobs's profile
Jennifer Jacobs
Jennifer Jacobs
Jennifer Jacobs
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@JenniferJJacobs

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Jennifer JacobsVerified account

@JenniferJJacobs

Sr. White House reporter for Bloomberg News / @business. Reporting what I know, not what I think. jjacobs68@bloomberg.net 💕Iowa

Washington, DC
bloomberg.com/politics/
Joined July 2008

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    1. Jennifer Jacobs‏Verified account @JenniferJJacobs 21 Dec 2018

      BREAKING: Trump has discussed firing Federal Reserve chief Jerome Powell as his frustration has intensified after this week’s interest-rate increase and months of stock-market losses. Advisers close to Trump aren’t convinced he will try to do it, but say he wants to.

      1,052 replies 3,917 retweets 8,456 likes
      Show this thread
    2. Jennifer Jacobs‏Verified account @JenniferJJacobs 21 Dec 2018

      Trump has talked privately about wanting to fire the Fed chair many times in past few days. Any such attempt would have potentially devastating ripple effects on markets, undermining investors’ confidence in Fed’s ability to shepherd the economy without political interference.

      113 replies 780 retweets 2,204 likes
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    3. Jennifer Jacobs‏Verified account @JenniferJJacobs 21 Dec 2018

      It’s unclear how much legal authority the president has to fire Jay Powell. And at least one of Trump’s economic advisers, Kudlow, has said a president can’t fire Federal Reserve chair without cause. That hasn’t stopped Trump from expressing his desire to get rid of Powell.

      62 replies 457 retweets 1,389 likes
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      Jennifer Jacobs‏Verified account @JenniferJJacobs 21 Dec 2018

      Scoop: Trump has talked about firing Jerome Powell, a move that would represent an unprecedented challenge to Federal Reserve’s independence. Advisers hope latest bout of anger will dissipate over holidays. Story by me, @SalehaMohsin, @margarettalev.https://www.bloomberg.com/news/articles/2018-12-22/trump-said-to-discuss-firing-fed-s-powell-after-latest-rate-hike?srnd=premium …

      9:01 PM - 21 Dec 2018
      • 1,005 Retweets
      • 1,576 Likes
      • Cronk Is The Drink Khaled Mary Tracy Susan O leon pascucci Maria Trezona Iveygirl08 Mzansi FB Rachael Morgan Decker
      165 replies 1,005 retweets 1,576 likes
        1. Jennifer Jacobs‏Verified account @JenniferJJacobs 22 Dec 2018

          News Trump’s talking of firing chair of independent Fed comes as partial US govt shutdown begins and admin preps to lose trusted defense secretary and WH chief of staff. Trump’s been far less concerned about blowback over shutdown or Mattis than the economic turmoil, I’m told.pic.twitter.com/4iK8OsLoC6

          70 replies 248 retweets 648 likes
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        2. Adriana‏ @Adriana1o5 21 Dec 2018
          Replying to @JenniferJJacobs @SalehaMohsin @margarettalev

          It's no longer amusing to me that some don't understand that he's OFF HIS ROCKER #TrumpIsUnfit

          1 reply 19 retweets 179 likes
        3. Carol Thuney‏ @buckiirons 22 Dec 2018
          Replying to @Adriana1o5 @JenniferJJacobs and

          This is all planned chaos meant to further divide the country...planned by his rotten international cabal

          1 reply 0 retweets 3 likes
        4. 1 more reply
        1. Jessica Nutt‏ @JessicaNutt96 21 Dec 2018
          Replying to @JenniferJJacobs @SalehaMohsin @margarettalev

          Impressively, would be the worst move of his presidency.

          0 replies 1 retweet 24 likes
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        2. Jessica Nutt‏ @JessicaNutt96 21 Dec 2018
          Replying to @Maggie_24761 @JenniferJJacobs and

          So you give control of monetary policy to the whims of the stock market? What a shockingly bad idea. Conversely, when it rises quickly would we hike? If so, we would have started hiking aggressively in 2011...

          2 replies 1 retweet 47 likes
        3. 4 more replies
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        2. Sam 🔔‏ @sam_a_bell 21 Dec 2018
          Replying to @JenniferJJacobs @SalehaMohsin @margarettalev

          hmmmpic.twitter.com/DaHBOEXNHh

          1 reply 2 retweets 4 likes
        3. Michelle‏ @chellelaine 21 Dec 2018
          Replying to @sam_a_bell @JenniferJJacobs and

          This doesn’t look good.

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. #ModSquad 😎 Melanie‏ @Lonestarmomcom 21 Dec 2018
          Replying to @JenniferJJacobs @SalehaMohsin @margarettalev

          He’s out of control.

          1 reply 0 retweets 8 likes
        3. republicaninexile‏ @republicinexile 21 Dec 2018
          Replying to @Lonestarmomcom @JenniferJJacobs and

          Yeah. He is a more of a disaster than I could have ever imagined. But what pissed me off the most is that people -gop leadership - could be doing something to at least moderate. Nope head in the sand, Hands in their pockets.

          2 replies 2 retweets 12 likes
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