Trump: Although Powell is facing investigation, no plans to oust him for now
U.S. President Trump said on Wednesday that despite the Department of Justice conducting a criminal investigation into Federal Reserve Chair Jerome Powell, he currently has no plans to dismiss him, and it is "still too early" to determine what actions he will ultimately take. When asked whether he would attempt to remove Powell from his position, Trump told Reuters, "I have no such plans at the moment." When asked if the investigation gave him a reason to take action, Trump added, "For now, we are adopting a wait-and-see approach. We are studying the next steps. But I can't reveal details. It's still too early."
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Trump: Although Powell is facing investigation, no plans to oust him for now
U.S. President Trump said on Wednesday that despite the Department of Justice conducting a criminal investigation into Federal Reserve Chair Jerome Powell, he currently has no plans to dismiss him, and it is "still too early" to determine what actions he will ultimately take.
When asked whether he would attempt to remove Powell from his position, Trump told Reuters, "I have no such plans at the moment." When asked if the investigation gave him a reason to take action, Trump added, "For now, we are adopting a wait-and-see approach. We are studying the next steps. But I can't reveal details. It's still too early."