Trump Hints At Firing Federal Reserve Chairman

U.S. President Donald Trump said Federal Reserve Chair Jerome Powell’s termination “cannot come fast enough” as he reiterated his frustration that the Fed hasn’t aggressively cut interest rates. The president’s broadside Thursday came a day after Powell said in a speech that Trump’s broad-based tariffs have left the Federal Reserve seeking “greater clarity” on the impact of policy changes in areas such as immigration, taxation, regulation, and tariffs before making potential cuts.