Trump, Fed and Jerome Powell
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Trump asked Republican lawmakers how they felt about firing Fed Chairman Jerome Powell and they expressed approval for the firing, people familiar with the discussion said.
Reports that President Trump was planning to fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy in Washington, D.C., U.S., June 18,