Could Trump Replace Fed Chairman Jerome Powell? Unlisted Video

5 years ago
18

President Donald Trump reportedly discussed replacing his handpicked chairman of the Federal Reserve late last year. Trump has repeatedly lashed out at the Fed about higher interest rates. Trump's criticism has raised concern about the Fed's reputation as an institution independent from political influence. Axios reported Wednesday the president was considering replacing Powell with Kevin Warsh, a former Fed governor and Bush administration aide who was considered for the position in 2017.

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