Trump to Consider Whether to Dismiss Fed Chair Powell
On April 18, White House economic adviser Hassett said on Friday, when asked if dismissing Federal Reserve Chair Powell was an option, that Trump and his team will look into it. Hassett responded to reporters at the White House, saying: "The President and his team will continue to study this matter." The day before Hassett's exchange with the media, Trump escalated his long-standing dispute with Powell, accusing him of "playing politics" by not cutting interest rates and claiming he has the authority to "soon" remove Powell from his position.
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