Powell: Will not resign because of Trump "

Crypto 7x24

2024-11-08 06:11:05

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According to online reports, Federal Reserve Chairman Powell was asked at a press conference whether he would leave because of Trump. He replied tersely: "No." Asked if the president had the right to fire him, Powell replied: "Not by law." Powell's term as chairman will expire in May 2026. His directorship term will expire in January 2028. Most legal experts say he cannot be dismissed without cause before the end of his term.

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