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Trump says Powell should resign immediately from Federal Reserve leadership position over economic missteps

On HALO

10 hours ago

President Donald Trump slammed Federal Reserve Chair Jerome Powell on Sunday, saying it would "be a great thing" for the U.S. if he were to step down, adding, "he’s very bad for the country."Trump has repeatedly threatened to fire Powell, who he appointed to the role in 2017, over the central bank not cutting interest rates according to his demands.While speaking to reporters on Sunday, Trump was asked about a new bill that would eliminate no capital gains tax on home sales, which will help people who cannot afford to pay the capital gains on their home that they have owned for a long time.Tru...

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10 hours ago
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