Trump Denies Plans to Fire Fed Chair Powell | JQJO

President Trump initially indicated he would fire Federal Reserve Chair Jerome Powell after discussing it with Republican lawmakers who supported the action. He later denied plans to dismiss Powell, despite reports he'd drafted a dismissal letter. While some officials downplayed the likelihood of Powell's firing, citing legal limitations and a Supreme Court ruling, others suggested it remained a possibility. The conflicting statements follow Trump's ongoing criticism of Powell's monetary policy and the Fed's headquarters renovations.