'Gross incompetent': Donald Trump says he'd 'love to fire' Fed chief Powell; hints at naming replacement next month
President Trump expressed his strong desire to dismiss Federal Reserve Chair Jerome Powell, even contemplating legal action over alleged "gross incompetence." While Trump has a preferred successor, he indicated no immediate rush for an announcement, hinting at a January reveal. He previously considered firing Powell but was deterred by market reactions.
President Trump expressed his strong desire to dismiss Federal Reserve Chair Jerome Powell, even contemplating legal action over alleged "gross incompetence." While Trump has a preferred successor, he indicated no immediate rush for an announcement, hinting at a January reveal. He previously considered firing Powell but was deterred by market reactions.
