> Trump suggests he can remove Fed Chair Powell and says he's 'not happy' with him over interest rates
Trump suggests he can remove Fed Chair Powell and says he's 'not happy' with him over interest rates
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President Donald Trump attack Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank's long-standing political independence.
“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office while taking questions from reporters during a visit with Italian Prime Minister Giorgia Meloni. “I'm not happy with him.”
MORE: https://www.wthr.com/article/news/nation-world/trump-federal-reserve-chair-powell/507-e05476cc-9410-42a7-a372-fb01ae979206