President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.
In an exclusive interview with “Meet the Press” moderator Kristen Welker, Trump said, “I don’t,” when asked if he plans to cut short the central bank chief’s term.
“The chairman of the Federal Reserve, Jerome Powell, said he will not leave his post even if you ask him to. Will you try to replace Jerome Powell?” Welker asked during the interview at Trump Tower in New York City.
“No, I don’t think so. I don’t see it,” Trump replied. “But, I don’t — I think if I told him to, he would. But if I asked him to, he probably wouldn’t. But if I told him to, he would.”
Welker followed up, “You don’t have plans to do that right now?”
“No, I don’t,” Trump said.
Tagged:
Trump Transition
