Federal Reserve Chair Jerome Powell is sticking around, President Trump says, because, well, sure.
Trump spoke to Fox News for an interview Wednesday after lashing out at Powell as someone with "no 'guts,' no sense, no vision!" The president has lobbied the Federal Reserve to cut interest rates to "zero, or less," and he has in the past argued that he is within his right to fire Powell.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Putin says Russia isn't weakened by Syria setbackSpeed Read Russia had been one of the key backers of Syria's ousted Assad regime
-
Georgia DA Fani Willis removed from Trump caseSpeed Read Willis had been prosecuting the election interference case against the president-elect
-
Democrats blame 'President Musk' for looming shutdownSpeed Read The House of Representatives rejected a spending package that would've funding the government into 2025
-
Trump, Musk sink spending bill, teeing up shutdownSpeed Read House Republicans abandoned the bill at the behest of the two men
-
Congress reaches spending deal to avert shutdownSpeed Read The bill would fund the government through March 14, 2025
-
Luigi Mangione charged with murder, terrorismSpeed Read Magnione is accused of murdering UnitedHealthcare CEO Brian Thompson
-
Ex-FBI informant pleads guilty to lying about BidensSpeed Read Alexander Smirnov claimed that President Joe Biden and his son Hunter were involved in a bribery scheme with Ukrainian energy company Burisma
-
South Korea impeaches president, eyes chargesSpeed Read Yoon Suk Yeol faces investigations on potential insurrection and abuse of power charges
