Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.
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Source: NY Times
21:14, July 17, 2024
Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Jeanna Smialek