Trump Backtracks, Says He Has No Plans to Fire Federal Reserve Chairman Powell

On July 16, Trump changed his tune, saying he had no plans to fire Federal Reserve Chairman Powell, and said, "Things will change in the next eight months, and I will appoint someone who performs well. Many people want to be the chairman of the Federal Reserve, and we will consider appointing Hassett, director of the White House National Economic Council, to a relevant position at the Federal Reserve. I am only interested in 'low interest rate people' serving as chairman of the Federal Reserve." (Golden Ten)