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Trump Says He Would Not Reappoint Powell to Fed

Posted on AllSides February 2nd, 2024
From The Right
2024 Presidential Election, Donald Trump, Jerome Powell

Former President Donald Trump said Friday if he is reelected in November, he would not appoint Jerome Powell as chairman of the Federal Reserve, Bloomberg reports.

"No, I wouldn't," Trump responded to a reporter's question about keeping Powell in the position.

"I think he's going to do something to help the Democrats, if he lowers interest rates," Trump said.

As to why the stock market is booming when President Joe Biden gets poor marks on the economy in polls, Trump said the reason is that traders are expectant he will return...

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