White House, Powell and Trump Taj Mahal
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1don MSN
President Trump asked a group of Republican lawmakers how they felt about him firing Federal Reserve Chair Jerome Powell and told them he would "likely" fire Powell "soon," according to two White House officials and sources familiar with the Tuesday evening meeting.
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump economic adviser.
La., says if President Trump fired Federal Reserve Chair Jerome Powell, "it would crash the stock market, and it would crash the bond market, and it would cause interest rates to rise." Trump bashed Powell during a bilateral meeting with the crown prince of Bahrain.