Trump says he would love for Fed Chair Powell to resign ...Middle East

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Trump made the comments in an interview with the Real America's Voice network aired on Wednesday.

Trump has criticized Powell on an almost daily basis in recent days for being “too late” to cut interest rates.

The criticism has confirmed the view that the Trump administration is actively exploring those costs as a possible avenue to try to fire the Fed chief well before his term as chair ends in May 2026.

Key quotes

A Fed spokesperson had earlier pointed to Powell's repeated statements that he has no intention of resigning and would not if asked to do so.

Powell, who was nominated by Trump in late 2017 to lead the Fed and then nominated for a second term by then-President Joe Biden four years later, has said he intends to serve out his term as Fed chief, which ends on May 15.

Trump said earlier on Wednesday he is not planning to fire Powell- REUTERS

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