Trump Tells NBC He Has No Plan to Remove Powell as Fed Chair (1)

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.

“I think if I told him to, he would,” Trump said Sunday on NBC’s Meet the Press, his first network television interview since winning the US election in November. “But if I asked him to, he probably wouldn’t.”

Powell made it clear within days ...