United States President Donald Trump has denied plans to fire US Federal Reserve Chair Jerome Powell, after media reports that the president is likely to do so soon triggered a drop in stocks and the dollar, and a rise in Treasury yields. Such reports are not true, Trump said on Wednesday. Al Jazeera's White House Correspondent, Kimberly Halkett reports from Washington DC. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #whitehouse #trump #federalreserve #jeromepowell #aljazeeraenglish #aljazeeralivenews #newsfeed #news #news #USA #US #unitedstates #usnews
Trump repudiates draft letter to fire US Fed chair Powell
United States President Donald Trump has denied plans to fire US Federal Reserve Chair Jerome Powell, after media reports that the president is likely to do so soon triggered a drop in stocks and the dollar, and a rise in Treasury yields. Such reports are not true, Trump said on Wednesday. Al Jazeera's White House Correspondent, Kimberly Halkett reports from Washington DC. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #whitehouse #trump #federalreserve #jeromepowell #aljazeeraenglish #aljazeeralivenews #newsfeed #news #news #USA #US #unitedstates #usnews