President Donald Trump has said he would fire Federal Reserve Chairman Jerome Powell if he refuses to leave office when his term ends next month.
Despite the Fed chief’s term expiring on May 15, Powell told reporters last month that he would stay on as chair until his successor, former Fed Governor Kevin Warsh, is confirmed.
But Trump says he will fire Powell if he does not step down from his position.
“I’ve held back [from] firing him. I’ve wanted to fire him,” Trump said in an April 15 interview with Fox Business anchor Maria Bartiromo. “But I have to be controversial, you know. I want to be uncontroversial. But he will be fired.”…
Trump Threatens to Fire Fed’s Powell If He Doesn’t Step Down Next Month
