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Trump Backtracks, Says No Plan to Fire Fed Chair Powell

2025-07-16 23:59

BlockBeats News, July 16th, Trump backtracked, saying he has no plans to fire Federal Reserve Chairman Powell and stating that "changes are coming within the next eight months, appointing someone outstanding. Many people want the position of Federal Reserve Chairman, and we will consider White House National Economic Council Director Hassett for a Fed-related position. Only interested in appointing a 'low interest rate person' as Fed Chairman." (FXStreet)

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