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Trump threatened to replace Powell in a second, but later said he was likely to stay in office

Trump threatened to replace Powell in a second, but later said he was likely to stay in office

Cointime2025/08/02 01:55
By: Cointime

Trump said in an interview with Newsmax, "I would not hesitate to fire Fed Chairman Powell," but also said "firing Powell would disrupt the market"; he criticized "Fed interest rates are too high" and also said Powell is "very likely" to continue as Chairman. 

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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