US President Donald Trump discussed the resignation of Federal Reserve Chairman Jerome Powell for several months and talked about him with former US Central Bank Director Kevin Wrash, including the possibility of his choice as a substitute Powell, according to Wall Street Journal on Thursday.
The car said, saying that the car is a advice to try to launch Powell, on the pretext that it should allow the Federal Reserve Chair to complete its mandate without interference.
The report was published on the same day Trump attacked Powell again and againThe mandate ends as head of the Federal Reserve Study in May 2026.
He held the position of director of the Federal Reserve Director from February 2006 to April 2011. He was appointed by President George W. Bush.
WSJ said the discussions with Warsh were held in Trump’s property in Mar Lago, Florida, but other people near the president discussed the matter in March.
Trump has not yet made a final decision on the possibility of trying to launch Powell before the end of his term, a case that may be appealed until he reached the US Supreme Court.
The 1913 law, which developed the Federal Reserve, states that the leaders of the Federal Reserve cannot be expelled except for “for the just issue”, and Powell himself said that his resignation will not be “allowed under the law.”
The White House did not immediately respond to a request for comment. There was no immediate response to Reuters emails and an invitation and a spray to comment on the topic.
