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President-elect Donald Trump stated he does not plan to replace Federal Reserve Chair Jerome Powell, during an interview with "Meet the Press." Trump appointed Jerome Powell as Federal Reserve Chair in 2018 but frequently clashed with him over interest rates, threatening to fire him multiple times. President Joe Biden reappointed Jerome Powell as Federal Reserve Chair in 2022 for a second term. Trump has argued that the president should have input over interest rate decisions.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President-elect Donald Trump stated he does not plan to replace Federal Reserve Chair Jerome Powell
00:07during an interview with Meet the Press. Trump appointed Jerome Powell as Federal Reserve Chair
00:11in 2018, but frequently clashed with him over interest rates, threatening to fire him multiple
00:16times. President Joe Biden reappointed Jerome Powell as Federal Reserve Chair in 2022 for a
00:22second term. Trump has argued that the president should have input over interest rate decisions.
00:27For all things money, visit Benzinga.com slash GSTV.

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