After Threatening to Replace Powell Immediately, Trump Now Says He Is Likely to Stay On
According to ChainCatcher, citing Jinshi Data, Trump stated in an interview with Newsmax that he "would not hesitate to fire Federal Reserve Chairman Powell," but also noted that "firing Powell would disrupt the markets." He criticized the Federal Reserve for "keeping interest rates too high," but also said that Powell is "very likely" to remain in his position as chairman.
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