Powell says he would not resign as Fed chief if Trump asked for his resignation
Published Thu, Nov 7 2024 3:01 PM ESTUpdated 2 Hours Ago
Spencer Kimball
@spencekimball
WATCH LIVE
KEY POINTS
Published Thu, Nov 7 2024 3:01 PM ESTUpdated 2 Hours Ago
Spencer Kimball
@spencekimball
WATCH LIVE
KEY POINTS
- Federal Reserve Chairman Jerome Powell said Thursday that the president does not have the legal power to fire or demote him.
- When asked whether he would step aside if President-elect Donald Trump asked him to resign, Powell simply said: "No."
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