Fed Chair Powell stands firm amid questioning about whether Trump will push him out

Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave, saying that it's "not permitted under the law."

By: Business Insider

Nov 09 2024
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Fed Chair Powell stands firm amid questioning about whether Trump will push him out

Federal Reserve chair Jerome Powell has no plans to leave the central bank prematurely under President-elect Donald Trump.
On Thursday, the Federal Open Market Committee announced a 25-basis-point i… [+2171 chars]

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Fed Chair Powell stands firm amid questioning about whether Trump will push him out

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