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Trump says did not threaten to demote Fed's Powell: NBC interview

Reuters Sunday, 23 June 2019
U.S. President Donald Trump said on Sunday on NBC's 'Meet the Press' news program that he has the power to demote Federal Reserve Chairman Jerome Powell but has not threatened to do so.
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News video: Powell Says Fed Insulated From Politics, Wrestling With Rate Cuts

Powell Says Fed Insulated From Politics, Wrestling With Rate Cuts 00:41

According to Reuters, Federal Reserve Chairman Jerome Powell said the U.S. central bank is “insulated from short-term political pressures,” and that its policymakers are wrestling with whether to cut interest rates as President Donald Trump has demanded. Powell said that “The Fed is insulated...

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