View full page at metalsmine.com

 

Lawmakers say Trump indicated he will fire Fed Chair Powell: CBS

^ Added at
^ Added at

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell, sources say

From cbsnews.com

President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval, according to multiple sources with direct knowledge. Several said Mr. Trump indicated he will do it. Mr. Trump made the comments to the Republican House members in the Oval Office on Tuesday night, after they blocked a procedural vote that would have advanced cryptocurrency legislation in the House favored by Mr. Trump. The idea of a president removing a Fed chair is legally untested – federal law says the chair can only be fired "for cause." The action ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News