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Trump Discusses Firing Fed’s Powell After Latest Rate Hike, Sources Say

Trump Discusses Firing Fed’s Powell After Latest Rate Hike, Sources Say

Trump wants to fire Fed head over market dropPresident Donald Trump has discussed firing Federal Reserve Chairman  Jerome Powell as his frustration with the central bank chief intensified  following this week’s interest-rate hike and months of stock-market  losses, according to four people familiar with the matter.

Advisers close to Trump aren’t convinced he would move against Powell  and are hoping that the president’s latest bout of anger will dissipate  over the holidays, the people said on condition of anonymity. Some of  Trump’s advisers have warned him that firing Powell would be a  disastrous move.

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Source: Trump Discusses Firing Fed’s Powell After Latest Rate Hike, Sources Say

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