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President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican ...
President Donald Trump said Tuesday he had “no intention of firing” Federal Reserve Chair Jerome Powell. The message is a stark change from just a day earlier, when Trump called Powell a ...
But it has clearly been on Trump's mind. The Wall Street Journal reported at one point that Trump had discussed firing Powell and replacing him with Kevin Warsh, who served as a Fed governor ...
The former president has previously claimed he can fire Powell, but legal experts aren't quite so sure. For the moment, Trump appears more focused on his legal problems as some in his orbit ...
Still, that hasn’t stopped Trump from trying to fire the Fed chair. “I don’t think he’s doing the job,” the President said Thursday, claiming that Powell cut interest rates “too late.” ...
Mr. Trump’s advisers have repeatedly told him that firing Mr. Powell is both legally and financially fraught — and that the uncertainty could cause a significant downturn in financial markets. Mr.
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