Trump Refrains from Firing Fed Chair Powell
President Donald Trump stated that firing Federal Reserve Chair Jerome Powell is unnecessary, despite previous disagreements. He emphasized that such an action would be significant, implying its potential impact on economic stability. Trump's remarks came during his visit to the Federal Reserve building in Washington, D.C.
Devdiscourse News Desk | Washington DC | Updated: 25-07-2025 02:21 IST | Created: 25-07-2025 02:21 IST
- Country:
- United States
On Thursday, U.S. President Donald Trump announced that he does not see the need to dismiss Federal Reserve Chair Jerome Powell, a decision that might have stirred major economic consequences.
Trump remarked that making such a decision would constitute a considerable move, indicating its potential gravity for the economy.
These statements followed Trump's tour of the Federal Reserve building in Washington, underscoring ongoing discussions about the central bank's role and leadership.
(With inputs from agencies.)
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