Trump says he won’t fire Fed Chair Jerome Powell. Don’t hold your breath | CNN Business

Washington CNN  — 

Republican presidential nominee Donald Trump would not fire Federal Reserve Chair Jerome Powell if the former president wins the election in November, according to a Bloomberg interview published Tuesday.

But Trump’s statement wasn’t exactly a promise, saying he’d let Powell finish up his second term, “especially if I thought he was doing the right thing.”

Of course, his statement also assumes it would be technically possible for a sitting president to oust any Fed official.

Powell, a registered Republican, was first tapped to helm the central bank by Trump in 2017.

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