Fed Chair Powell says he would not resign if asked
Federal Reserve Chairman Jerome Powell on Friday said he has not received any direct communication from the White House about his job performance, and that he would not resign even if President Donald Trump asked him to do so.
Trump, who picked Powell to head the Fed starting last February, has been intensely and publically critical of Powell`s Fed and Powell personally, accusing him of hurting the economy by raising rates. Powell said he has no meeting scheduled with Trump.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.