WASHINGTON — President Trump’s war with Federal Reserve chair Jerome Powell stretches all the way back to Trump’s first term and is likely to end in a total White House “takeover” of the central bank when Powell departs in May, former economic adviser Larry Kudlow told The Post’s Miranda Devine.

“Trump was furious at Powell in the first term for jacking up [interest] rates for no particular reason,” explained Kudlow on the latest episode of “Pod Force One,” out now.

“It’s sort of a sad tale. If it weren’t such serious business, it reads comedically to some extent; people yelling at each other,” the former director of the National Economic Council went on. “But look, the bottom line is: President Trump’s going to take the Fed over, as he should.” 4

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