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Is Donald Trump not firing Jerome Powell? President sends mixed signals amid speculation

IndiaTimes Thursday, 17 July 2025
President Trump has expressed his frustration with Federal Reserve Chair Jerome Powell, particularly regarding interest rates and planned renovations. While he stated firing Powell is "highly unlikely," he didn't completely rule it out, especially in cases of fraud. Concerns have been raised by Republican senators about the potential economic consequences of removing Powell, including market crashes.
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