Trump cranks up heat on Fed chair while pressing for rate cut: 'Powell’s termination cannot come fast enough!'
President Donald Trump continued lambasting Federal Reserve Chair Jerome Powell while demanding interest rate cuts on Thursday.
Trump nominated Powell to serve as chair of the board of governors of the Federal Reserve System during his first term in office, and then-President Joe Biden later nominated Powell for a second term.
However, Trump has soured on Powell and wants him out of the job.
FED'S POWELL SAYS CENTRAL BANK COULD FACE ‘CHALLENGING SCENARIO’ DUE TO TARIFFS
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