Trump says "maybe" he'll try to fire Fed chief Jerome Powell (1 Viewer)

Users who are viewing this thread

    Politics - CBSNews.com

    Guest
    Offline
    gettyimages-2220155767.jpg


    President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank leader a "Total and Complete Moron" for leaving interest rates steady.

    The president has been lashing out against Powell for months, criticizing the central banker — whom Mr. Trump appointed in his first term — for not lowering interest rates at a faster pace. It's unclear whether the president is legally allowed to fire Powell before his term ends in May 2026, and Mr. Trump said in April he has "no intention" of doing so.

    But in a post...

    Continue reading...
     

    Create an account or login to comment

    You must be a member in order to leave a comment

    Create account

    Create an account on our community. It's easy!

    Log in

    Already have an account? Log in here.

    Back
    Top Bottom