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US President Donald Trump speaks at the White House in Washington, Colombia District, April 22, 2025.
Kevin Lamark | Reuters
President Donald Trump Tuesday stated that he “does not intend” shooting Chairman of the Federal Reserve System Jerom Powell Before its term heads the US Central Bank, it will end next year.
“Nothing,” Trump said in an oval office when he was asked to clarify that he was not looking for Powell’s removal. “I never did.”
The comment is a dramatic shift for Trump, which recently strengthened its rhetoric against Powell and refused to exclude the possibility of making an unprecedented shooting step.
American futures Rose sharply according to large indices after Trump’s last remarks.
Trump, which put pressure on the Fed’s chair to reduce interest rates in the hope of loud economic growth, Powell said last week, “If I want him from there, he will be very quickly.”
The chairman of the federal reserve system Jerome Powell goes after talking to Dr. Raghur Rajan, a professor at the Booth University of Chicago, during the Chicago Economic Club on April 16, 2025 in Chicago, Illinois.
Vincent Alban | Gets the image
Economic advisor to the White House Kevin Haset On Friday he said that Trump and his assistants actively study the possibility of shooting Powell.
Powell, whom Trump appointed during his first term as president, must fulfill his duties by the Fed by May 2026. He strongly stated that the president could not remove him by law.
Trump fired on Monday the most incendiary criticism of Powell, calling him a “main loser” and urged him to reduce his rates immediately.
But when asked on Tuesday about the prospect of shooting Powell, Trump said: “The press escapes with things.”
“No, I do not intend to dismiss him,” Trump told reporters after a ceremony, who was in the Atkins field as chairman of the US Securities and Exchange Commission.
“I would like it to be a little more active in terms of its idea to reduce interest rates,” the President added. “This is the perfect time to reduce interest rates.”
Trump’s comments occurred after large US shares indexes are much higher, bounced off a steep sale on Monday, which was associated with at least partly with fears caused by Trump’s attacks on Powell.
Some critic and analysts He carefully warns that the president, which removes the chairman of the federal reserve system, which traditionally acts with independence from the government, will lead to panic in the markets.
. Erin Dogerti CNBC contributed to this report.
