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Trump threatened to replace Powell in a second, but later said he was likely to stay in office

2025-08-02 00:54

According to Odaily Planet Daily, Trump said in an interview with Newsmax that he would "not hesitate to fire Federal Reserve Chairman Powell," but added that "firing Powell would disrupt the market." He criticized the Fed's "high interest rates" and said Powell "will most likely" remain chairman. (Jinshi)