The Guardian Australia – Business ·business ·2 hours ago

Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if he remains in office past May. Trump criticized Powell's performance during a Fox Business interview, insisting he should lower interest rates. Powell faces a congressional investigation over renovations at the Fed’s headquarters, complicating Trump's push to nominate Kevin Warsh as his successor.

Summary by Glance · The Guardian Australia – Business

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