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

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

A Trump economic advisor has publicly said it is 'time' for Federal Reserve Chair Jerome Powell to step down, describing his extended tenure at the central bank as 'unprecedented'. The remarks add to sustained pressure from Trump and his allies on Powell, whose leadership of the Fed and its interest rate decisions has been a repeated flashpoint between the White House and the central bank.

Why now: Ongoing tension between the Trump administration and Federal Reserve Chair Jerome Powell over rates and leadership keeps the story prominent.

Donald TrumpJerome PowellFederal ReserveFox Business

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Evidence

• 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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