President Donald Trump said in an interview that he has no plans to remove Federal Reserve Chairman Jerome Powell. The president’s comments follow Department of Justice (DOJ) officials’ revelation this week that Powell is under investigation over the central bank’s ongoing renovations.
“I don’t have any plan to do that,” Trump told Reuters in an interview published Jan. 14, when asked whether he’s planning to remove Powell.
When asked whether the investigation gave Trump grounds to fire Powell, the president said, “Right now, we’re [in] a little bit of a holding pattern with him, and we’re going to determine what to do. But I can’t get into it. It’s too soon. Too early.”…
Trump Says He Has No Plans to Fire Fed Chair Powell
