Trump escalates threats to fire US Federal Reserve Chair Powell

In an interview with Fox Business, Trump says he will fire Powell if he does not leave his board seat once his term ends.

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United States President Donald Trump says he would fire US Federal Reserve Chair Jerome Powell from his separate seat on the central bank’s board of governors if Powell does not step down voluntarily when his term ends on May 15.

The president on Wednesday ramped up threats against Powell, saying in an interview with Fox Business that if Powell does not leave, then he would “have to fire him”.

Trump escalates threats to fire US Federal Reserve Chair Powell

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