“Highly Unlikely” Trump Denies Plans To Fire Federal Reserve Chair Powell, Unless ‘Fraud’ Was Found

Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, he denied plans to do that. “We’re not planning on doing it,” he said at the White House. “I don’t rule out anything,” he added, “but I think it’s highly unlikely, unless he has to leave for fraud.” Powell has said repeatedly that his firing is “not permitted under the law.” No president ever has attempted to fire the country’s top central banker, though others have criticized prior Fed chairs. n18oc_world n18oc_crux