Trump Signals No Plans to Replace Fed Chair Jerome Powell Despite Past Tensions
President-Elect Says He Will Not Remove Powell, Despite Previous Criticism Over Interest Rate Policies In a recent interview aired on NBC’s Meet the Press with Kristen Welker, President-elect Donald Trump stated that he does not plan to seek the removal of Federal Reserve Chairman Jerome Powell when he assumes office in January, despite their past disagreements on monetary policy. Trump’s comments marked a shift from earlier tensions and highlighted his reluctance to replace Powell, whose term as Fed Chair runs until 2026. “No, I don’t think so. I don’t see it,” Trump said when asked whether he would attempt to … Continue reading Trump Signals No Plans to Replace Fed Chair Jerome Powell Despite Past Tensions
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