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President Trump says he would love to fire Fed Chair Jerome Powell

CNBC · Just In
CNBC
CNBC
Just In

CNBC's Eamon Javers reports on news regarding President Trump.

Breakdown
  • President Trump criticized Federal Reserve Chairman Jay Powell and Treasury Secretary Scott Besant over interest rates during remarks at the Kennedy Center. 6s
  • Trump stated he would 'love to fire' Powell and warned Besant to fix the issue or face dismissal. 29s
  • The president claimed Besant has been asking him not to fire Powell, noting Powell has only a few months left in his term. 1m 33s
  • Trump is known to dislike officials who act as gatekeepers or attempt to influence his decisions. 1m 49s
  • The remarks may indicate either momentary frustration or a deeper rift between Trump and his treasury secretary. 2m 2s
Politics