Trump Vows to Fire Fed Chair Powell, Signals Rate Cuts Under Successor Warsh
President Trump declared he will remove Jerome Powell if the Fed Chair does not step down voluntarily.
Part of a bigger event
Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell49 articles·46 sources·Avg cred 64/100
Also about:Thom Tillis
Compare all sources
Mixed
tl;dr
President Trump has threatened to remove Fed Chair Jerome Powell if he does not resign, while pushing for Kevin Warsh as a successor to lower interest rates. The move faces legal challenges and opposition from Senator Thom Tillis.
Discussion
What's your take?
Loading comments...