
5 days ago
Trump Denies Reports He’s Likely to Fire Fed’s Powell Soon
Trump Denies Plans to Fire Fed Chair Powell Amidst Ongoing Criticism: President Trump refuted reports of Jerome Powell's impending dismissal, admitting he discussed the idea with Republican lawmakers but is not currently pursuing it. Trump criticized Powell and the Federal Reserve for not lowering interest rates, while defending his authority to potentially remove Powell. The Federal Reserve remains focused on long-term economic stability, despite Trump's continued pressure and criticism.
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