Trump Denies Firing Fed Chair Powell: “Highly Unlikely”

Trump Denies Plans to Fire Fed Chair Powell: “Highly Unlikely”

Donald Trump

Former President Donald Trump has refuted reports suggesting he intends to dismiss Federal Reserve Chair Jerome Powell, calling the idea “highly unlikely.”

Speculation Addressed

Rumors have been circulating regarding the potential for changes in the Fed’s leadership, prompting Trump to address the speculation directly.

Trump’s Response

In a recent statement, Trump firmly denied any plans to remove Powell, emphasizing the unlikelihood of such a move. This denial aims to quell uncertainty about the future of the Fed and its monetary policy under the current administration.