Trump says he wouldn't stop Fed Chair Powell if he offered to resign
WASHINGTON (Reuters) - U.S. President Donald Trump sharply criticized Federal Reserve Chairman Jerome Powell on Friday and said he wouldn’t try to stop the chief U.S. central banker if he offered to resign.
Trump, departing the White House to travel to the G7 summit in France, told reporters, “I’m not happy with Jay Powell.”
His comments continued a war of words against Powell that, along with retaliatory tariffs imposed on U.S. goods by China, helped trigger a sharp drop on Friday in the U.S. stock market.