President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell

President Trump said Tuesday he had "no intention" of firing Federal Reserve Chair Jerome Powell, ending days of speculation about the independence of the central bank that had roiled the financial markets.

Apr 23, 2025 - 00:20
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President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell
Trump said he does not intend to fire Powell after he has attacked the Federal Reserve Chair for not lowering interest rates.

President Trump said Tuesday he had "no intention" of firing Federal Reserve Chair Jerome Powell, ending days of speculation about the independence of the central bank that had roiled the financial markets.

(Image credit: Andrew Harnik)