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Big Banks ‘Directly’ Lobbied Ivanka Trump for Interest Rate Hike on New Government-Backed Coronavirus SBA Loans: Report

President Donald Trump has all but publicly threatened to fire Jerome Powell, the chairman of the Federal Reserve, demanding he lower interest rates – a move that would personally save Trump and his business millions of dollars.

When the coronavirus pandemic hit he finally got his wish. Powell moved interest rates to zero. (Trump, by the way, attacked Powell nearly two dozen times on Twitter over just the past almost 9 months.) So when the Big Banks wanted to score a big cash grab under the new

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