Trump Considers Firing Fed Chair Amid Market Volatility
TL;DR
President Trump initially considered firing Federal Reserve Chair Jerome Powell after asking GOP lawmakers for their opinion, but he later denied plans to do so, amid political pressure and concerns about the impact on market confidence and the Fed's independence.
Topics:businesspolitics#fed-chair-jerome-powell#federal-reserve-independence#firing-threat#interest-rates#politics#trump
- Trump floats firing Fed chair with GOP lawmakers, then backs off The Washington Post
- Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It. The New York Times
- Stock market today: Dow, S&P 500, Nasdaq end higher after Trump's Powell talk sparks volatile trading Yahoo Finance
- Trump floats firing the Federal Reserve chair as White House criticism boils NPR
- Trump suggests Fed renovations could be fireable offense for Powell CNN
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