Article 6YPFE Trump privately indicates he may soon fire Fed chair Jerome Powell

Trump privately indicates he may soon fire Fed chair Jerome Powell

by
Callum Jones in New York
from US news | The Guardian on (#6YPFE)

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack him

Donald Trump has privately indicated he is on the verge of firing the Federal Reserve chair, Jerome Powell, rattling Wall Street and renewing questions over the US central bank's independence.

The US president insisted on Wednesday that it was highly unlikely" he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments