Fed Chair Powell: ‘The law is clear,’ Trump can’t fire me

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Federal Reserve Chairman Jerome Powell said in an interview aired Sunday that he does not think he can be fired by President Donald Trump.

While continuing to avoid direct comment on the president’s withering criticism of central bank interest rate policy, Powell told “60 Minutes” that Trump can’t remove him from office.

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“The law is clear that I have a four-year term, and I fully intend to serve it,” Powell told the CBS news magazine show. Asked directly if he thought Trump could fire him, he said, “no.”

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www.cnbc.com/amp/2019/03/11/fed-chair-powell-the-law-is-clear-trump-cant-fire-me.html

 

 

AC

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