Trump Vows to "Fire Powell on the Spot," Then Says He Will Likely Stay

BlockBeats News, August 2nd, President Trump stated in an interview with Newsmax that he would "not hesitate to fire Federal Reserve Chairman Powell," but also said that "firing Powell would disrupt the market"; he criticized the "Fed's interest rate being too high" and also stated that Powell is "very likely" to continue to serve as chairman. (FXStreet)