Donald Trump suggests firing Federal Reserve chairman Jerome Powell over dissatisfaction with monetary policy.
Sanziana Georgescu
International
sursa foto: Jim WATSON / AFP / Profimedia
Always see our news on Google
US President Donald Trump discussed the possibility of firing Jerome Powell, chairman of the Federal Reserve, during a meeting with Republican lawmakers. Trump has consistently criticized the Fed's monetary policy, unhappy with its refusal to cut interest rates. Although he has called for Powell's resignation, Powell, a Trump appointee, cannot be fired because of disputes over monetary policy. Powell plans to complete his term until 2026. Recent White House criticism has also focused on the cost of renovating the Fed's headquarters.
Sources
Latest News
23:49
The Mayor of Sector 1, George Cristian Tuță, announces that he has notified the authorities regarding the damage caused during the farmers' protest
23:24
The US has spent nearly 38 billion dollars in six months of war with Iran
23:17
Venezuela’s former Minister of Industry admits his guilt in the US and could cooperate in investigations targeting Nicolás Maduro
23:02
The Capital Police detained a 34-year-old man found with a knife at the protest in Victory Square
22:59
The Trump administration intends to sell Israel a $2.8 billion package of munitions
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
