Trump has 'no intention of firing' Fed chair Jerome Powell despite savaging him over interest rates

New Photo - Trump has 'no intention of firing' Fed chair Jerome Powell despite savaging him over interest rates

Trump has 'no intention of firing' Fed chair Jerome Powell despite savaging him over interest rates


President Donald Trump disavowed any intention of firing Federal Reserve Chair Jerome Powell, just days after calling him a 'major loser.' The president quickly dismissed a question about whether he would get rid of Powell, on a day markets soared amid White House talk of a potential trade deal with China. Trump said he had 'no intention' of firing Powell, whose term leading the independent Fed lasts until next year.
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