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Fed chairman says Trump can't fire him

Section: Daily Dispatches

By Jeff Cox
CNBC, New York
Sunday, March 10, 2019

Federal Reserve Chairman Jerome Powell said in an interview aired today 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.

"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." ...

... For the remainder of the report:

https://www.cnbc.com/2019/03/11/fed-chair-powell-the-law-is-clear-trump-...



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