Why Jerome Powell — not Trump — will decide when the Fed chief steps down

Source: Politics - CBSNews.com · Bias: Center

Summary

President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.

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Why Jerome Powell — not Trump — will decide when the Fed chief steps down
Politics - CBSNews.com

Why Jerome Powell — not Trump — will decide when the Fed chief steps down

Center

President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.