Former U.S. President Donald Trump reaffirmed his doubts about the effectiveness of Fed Chair Jerome Powell. Despite the criticism, Trump has dismissed the idea of firing him.
Trump's Criticism Towards Powell
Trump continues to harshly criticize Powell, stating, 'she's always too late in making decisions,' adding that this is why he nicknamed her 'Too Late.'
Discussion of Dismissal
According to U.S. media reports, Trump brought up the issue of firing Powell during a closed-door meeting with Republican members of Congress. Some attendees suggested that Trump was serious about the matter.
History of Powell's Appointment
Powell was appointed as chair of the Federal Reserve by Trump in 2017. Trump expressed surprise at her appointment, but directed most of his criticism towards President Joe Biden, arguing that Powell should not be reappointed.
The situation regarding Fed Chair Jerome Powell remains a topic of discussion, with Trump continuing to express his criticism of Powell's actions, which may impact economic policy in the country.
