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Trump says he wouldn't fire Fed Chair Jerome Powell. Don't hold your breath

·1 min

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Republican presidential nominee Donald Trump stated in a recent interview that he would not fire Federal Reserve Chair Jerome Powell if he were to win the election in November. Trump expressed his intention to let Powell complete his second term if he believed he was making the right decisions. Powell, who was appointed by Trump in 2017, has faced criticism from the former president in recent times. While the law allows a sitting president to dismiss a Fed official, it can only be done for just cause rather than policy differences. If Trump were to try to remove Powell, it could lead to a legal battle that would ultimately be decided by the Supreme Court.