Sen. Elizabeth Warren, D-Mass., said that if President Donald Trump finds a way to fire Federal Reserve Chair Jerome Powell, “[h]e will bring down the U.S. financial markets.”
Should Trump force Powell out of his position, it would amount to a continuation of his “hacking away” at the economy, Warren said during an interview with CNN.
As a member of the Senate Banking Committee, Warren said she has a good handle on economic policies and that Trump’s regular attacks on decisions by Powell on the key Fed interest rate don’t help America. She said it’s because the president wants to control the Federal Reserve.
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