BREAKING: Donald Trump Speaks About Allegations That He Will Fire Fed Chairman Jerome Powell

Donald Trump denied the rumors that he intends to dismiss Federal Reserve Chairman Jerome Powell. In a statement alongside SEC Chairman Paul Atkins, Trump clearly said: "No way" and "I never wanted that." This marks a significant shift in tone, considering that he had previously intensified his criticism of Powell, demanding interest rate cuts to stimulate the economy. Although economic adviser Kevin Hassett had suggested that Trump's team was exploring the option of firing Powell, Trump now seems to dismiss the idea. The situation brings a moment of relief to the markets amid ongoing concerns about the Fed's independence. Show Less

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