You Vote: Do you agree with Trump that Fed Chair Powell should resign, but that he won't fire him?
"I'd love if he wants to resign," the president told the Just the News, No Noise television show in a wide-ranging interview to be aired Thursday night on Real America's Voice when asked whether he would fire the Fed chairman.
President Donald Trump said Thursday he believes Federal Reserve Chairman Jerome Powell is a "numbskull" who has mismanaged monetary policy and his own headquarters' renovation, but suggested he would prefer not to fire him and instead leave him room to resign before his term ends.
"I'd love if he wants to resign," the president told the Just the News, No Noise television show in a wide-ranging interview to be aired Thursday night on Real America's Voice when asked whether he would fire the Fed chairman. "That would be up to him."
"They say it would disrupt the market if I did (fire him). But you know, there are many people who say he should be removed because of the fraud of what he's doing at the Fed, with regard to the $2.5 billion he's spending, $2.5 billion to, I guess it's a renovation. I don't know. I'm very good at that stuff. I should go look at it."
Trump was reacting to reports that Powell's renovation of his Washington headquarters has ballooned $700 million over budget to $2.5 billion.