US President Donald Trump has discussed the possibility of kicking Federal Reserve chairman Jerome Powell after the recent interest rate hike and downturn on Wall Street. It reports Bloomberg News and refers to sources.
Advisers near Trump, however, are not convinced that the president will move forward on the issue. Some of his advisers have also told the president that it would have disastrous consequences.
At the same time, Trump has spoken privately about the issue many times lately, according to the sources.
A kicking by the Governor would create a great deal of uncertainty in the financial market about the Federal Reserve's ability to pursue its monetary policy without political interference.
Neither the Federal Reserve nor the White House have commented on the data.