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Trump economic advisor says it's time for Powell to leave the Fed

Original: Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented'

A senior economic advisor to Donald Trump said it is 'time' for Federal Reserve Chair Jerome Powell to step down, calling his extended tenure at the central bank 'unprecedented'. The comments add to sustained pressure from Trump and his allies on the Fed's leadership and its interest rate policy, renewing debate over the central bank's independence.

Why now: Trump allies are escalating public calls for Fed Chair Jerome Powell's removal, keeping Fed independence in the headlines.

Jerome PowellDonald TrumpFederal ReserveFox Business

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• Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented' · Fox Business
• Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented' · Fox Business

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