Trump says "maybe" he'll try to fire Fed chief Jerome Powell
CBSN
President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank leader a "Total and Complete Moron" for leaving interest rates steady.
The president has been lashing out against Powell for months, criticizing the central banker — whom Mr. Trump appointed in his first term — for not lowering interest rates at a faster pace. It's unclear whether the president is legally allowed to fire Powell before his term ends in May 2026, and Mr. Trump said in April he has "no intention" of doing so.
But in a post criticizing Powell on Friday, Mr. Trump floated the idea, writing: "Maybe, just maybe, I'll have to change my mind about firing him?"
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