Trump threatened that he "would replace Powell in a second" and then stated that it is very likely he will continue to serve.

2025-08-02 00:15:40

According to ChainCatcher news and Jin10 data reports, Trump stated in an interview with Newsmax that he "would not hesitate to fire Fed Chairman Powell," but also mentioned that "firing Powell would disrupt the market"; he criticized that "the Fed's interest rates are too high" and indicated that Powell "is very likely" to continue serving as chairman.

TRUMP2.18%

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Sirseri0640

· 08-02 00:20

Why would the Fed have to 'walk a very fine line' between price pressures and a slowing labor market? Find out what's moving the markets — and why — on Market Talk, a daily chat with an investor, economist or market analyst

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