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International Business Times
International Business Times
Business
Demian Bio

Trump Says He Doesn't Care If Jerome Powell Stays In The Fed As Governor

Jerome Powell US Federal Reserve Kevin Warsh Donald Trump the Federal Reserve
Jerome Powell said he will stay as governor of the Fed even if he's no longer its chair should Kevin Warsh be confirmed by the Senate.

President Donald Trump said he doesn't care whether Jerome Powell remains as governor of the Federal Reserve if Kevin Warsh is confirmed as the body's next chair.

Speaking to press at the Oval Office, Trump said: "I don't care. I just wanted to make sure that Kevin became head." He went on to describe Powell's intention to continue being a member of the Federal Open Market Committee as "very unusual," but claimed he predicted he would because nobody would "hire him."

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