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The Independent UK
The Independent UK
Katie Hawkinson

Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration suddenly halted all efforts to oust Federal Reserve Chair Jerome Powell after two close cabinet officials warned the president not to, according to a new report.

Donald Trump has publicly criticized Powell in recent days, suggesting repeatedly he should be fired while calling him “a major loser” and “Mr. Too Late” on Monday. Behind the scenes, senior aides were looking into ways to remove Powell, the Wall Street Journal reports.

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