Trump Ultimately Decides Not to Fire Powell
On April 23, according to a report by The Wall Street Journal, sources said that President Trump ultimately decided not to dismiss Powell, after warnings from U.S. Treasury Secretary Bessent and Commerce Secretary Lutnick.
Previously, White House lawyers had begun exploring legal options for firing Powell.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Beige Book Supports View that Rate Cuts Will Take Time
The Wall Street Journal: Trump Administration May Cut Tariffs on China by More Than Half
Analysis: MSTR March Trading Failure Amounts to $180 Million, Increasing Short Squeeze Risk
Trending news
MoreCrypto prices
More
