Donald Trump’s main complaint is that Jerome Powell is raising interest rates too quickly, which the president worries will hurt the economy and his 2020 re-election chances. File photo: Reuters

Donald Trump wants to know if he has the power to fire Fed chair Jerome Powell

  • Trump has been attacking the Fed – and Jerome Powell personally – for the central bank’s interest rate increases
  • Treasury Secretary Steven Mnuchin says Trump has denied ever suggesting firing Powell
Topic |   Federal Reserve

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Donald Trump’s main complaint is that Jerome Powell is raising interest rates too quickly, which the president worries will hurt the economy and his 2020 re-election chances. File photo: Reuters
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