Washington, U.S Federal Reserve Chairman, Jerome Powell, said in an interview broadcast late Sunday on the CBS television that President Trump can not fire him.
“The law is clear that I have a four-year term. And I fully intend to serve it,” Powell told CBS television’s “60 Minutes.”
Last year, Trump angrily and very publicly denounced the Fed’s “crazy” interest rate hikes, breaking with traditional reserve from presidents toward the world’s most powerful central bank.
Source: Jordan News Agency