Donald Trump says he likes winning. Right now, it’s difficult to count up anything but losers if the president fires Federal Reserve Chairman Jerome Powell.
Trump has been discussing whether he can dismiss Powell, Bloomberg News reported late Friday, prompting Treasury Secretary Steven Mnuchin to tweet on Saturday that the president said he doesn’t believe he has the authority to do so. White House Budget Director Mick Mulvaney on Sunday echoed that line. Trump himself has been publicly silent on the Fed since the Bloomberg News report.