Lutnick Says Fed Chair Powell Should Resign or Be Replaced

Fed Chair Jerome Powell “has got to go,” Commerce Secretary Howard Lutnick says in a Fox News interview.

• “He should either resign or be replaced,” Lutnick says
• Lutnick reiterates that interest rates need to be lower
• NOTE: Bessent Says ‘No Rush’ to Choose Successor to Fed Chair Powell

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Natalie Choy in Singapore at nchoy5@bloomberg.net

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Tim Smith at tsmith58@bloomberg.net

Chelsea Mes

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