- Nineteen prisoners use cutlery to break out of cells at Winchester prison
- France wants progress in Ukraine before Russia returns to G7
- Italy president begins talks to seek way out of government crisis
- Italian PM expected to resign as political chaos deepens
- Russia says US cruise missile test ‘regrettable’
- Kremlin - No date set for Normandy talks on Ukraine despite Macron meeting
- Egypt court hands out 6 death sentences on terror charges
- Putin says Russian nuclear explosion poses no threat
- Russian panel eyes alleged foreign interference in protests
- Gran Canaria wildfire triggers evacuation of thousands of people
- PM Johnson calls on Germany and France to compromise on Brexit
- Sudan's ex-president Bashir arrives at corruption trial
TEHRAN, December 24 - US President Donald Trump has privately discussed the possibility of firing Federal Reserve Chairman Jerome Powell.
TEHRAN, Young Journalists Club (YJC) - Sources familiar with situation said on Saturday that US President Donald Trump may fire Federal Reserve Chairman Jerome Powell.
Trump has already had public and private objections as well as repeated criticisms to Powell, whom he appointed, the sources added, yet they do not expect Trump to dismiss the US central bank chief.
The move can roil already volatile financial markets, the sources noted.
Removing the Fed chairman would be unprecedented and seen as an attack on the US central bank’s independence, which is meant to insulate it from political considerations.
It would be on potentially shaky legal ground, and would probably hit financial markets around the globe hard.
Source: Reuters
Your Comment