Trump says he has ‘no intention of firing’ Fed Chair Powell

From CNN.

President Donald Trump said he had “no intention of firing” Federal Reserve Chair Jerome Powell. The message is a stark change from just a day earlier, when Trump called Powell a “major loser” in a Truth Social post and hinted that he would fire him. Trump has recently kept the pressure on Powell to lower interest rates – an action the Fed chair recently said he would not rush or take lightly. Trump nominated Powell as Fed chair in 2017, but has butted heads with him ever since. #CNN #News