Trump believes he has authority to demote Fed’s Powell – Bloomberg
U.S. President Donald Trump believes
that he has the authority to replace Federal Reserve Chair
Jerome Powell and demote him to be a board governor, but is not
planning to do so presently, Bloomberg reported https://bloom.bg/2ItCJUQ
on Wednesday, citing people familiar with the matter.
that he has the authority to replace Federal Reserve Chair
Jerome Powell and demote him to be a board governor, but is not
planning to do so presently, Bloomberg reported https://bloom.bg/2ItCJUQ
on Wednesday, citing people familiar with the matter.
Posted by Reuters
