Trump’s Weekend Interview Reveals Stance on Fed Chair Powell – Forexlive
President Trump made it clear in a recent interview that he has no intention of removing Federal Reserve Chair Jerome Powell from his position. During his appearance on NBC’s “Meet the Press” with Kristen Welker, Trump was asked directly if he planned to replace Powell.
In response, Trump stated, “No, I don’t think so. I don’t see it. I think if I told him to, he would. But if I asked him to, he probably wouldn’t. But if I told him to, he would.” When pressed further on the issue, Trump reiterated his stance, saying, “No, I don’t.” It’s worth noting that Powell was appointed by Trump during his first administration.
This interview sheds some light on Trump’s current stance on Powell and clarifies that there are no immediate plans for any changes in leadership at the Federal Reserve. This statement comes at a crucial time in the financial world, as the decisions made by the Federal Reserve can have a significant impact on the economy and market stability. Stay tuned for further updates on this developing story.