Trump Tells NBC He Has No Plan to Remove Powell as Fed Chair
- Says can’t promise tariffs wouldn’t raise prices for Americans
- Singles out Canada, Mexico in comments on US trade balance
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President-elect Donald Trump said he has no plans to replace Federal Reserve Chair Jerome Powell once he returns to the White House, saying “I don’t see it.”
Powell, whose term as Fed chair expires in May 2026, told reporters last month that he wouldn’t step aside early if Trump asked for his resignation.