President Donald Trump denied he was preparing to fire Jerome Powell after reports that the sacking of the Federal Reserve chair would be imminent.
Trump blasted the Central Bank chief in the Oval Office on Wednesday but denied he would fire him.
“No, I’m not talking about that,” the president said. “We get to make a change in the next eight months or so, and we’ll pick somebody that’s good.”
Trump did acknowledge that he raised the idea of firing Powell with House Republicans on Tuesday night, and they supported it. But he said he was “more conservative than they are.”
This story is developing and will be updated.
The post TACO Trump Instantly Chickens Out of Firing Fed Chair Jerome Powell appeared first on The Daily Beast.
