Trump Responds to Reports He'll Fire Jerome Powell
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In a meeting with the Crown Prince of Bahrain, the president denied reports that he will fire the Chair of the Federal Reserve, Jerome Powell.
Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.
President Donald Trump denied reports Wednesday that he plans to fire Federal Reserve Chairman Jerome Powell, but said he wouldn't rule it out completely.
Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.
Federal Reserve Chair Jerome Powell may lose his job before his term ends next May. President Donald Trump is likely to fire him soon, a Senior White House Official told Barron’s. Trump indicated that he is likely to fire Powell after asking lawmakers how they felt about him doing so.
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The president indicated to Republican lawmakers that he is likely to attempt to remove the Fed chair from his job soon.
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'He's Doing A Lousy Job': Trump Humiliates Himself, Insults Jerome Powell During Angry TiradeToday at the White House, President Trump held a meeting with Bahrain PM Salman bin Hamad Al Khalifa. During his remarks, Trump insulted Fed Chair Jerome Powell, stating, "He's doing a lousy job."
Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'