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Trump: If the Fed leader resigned, & # 39; I would not stop him & # 39;



President Trump Donald John TrumpThe Hill's Campaign Report: Democratic Field begins to shrink ahead of critical stretch To avert recession, Trump should keep his mouth and smartphone closed Trump: & # 39; Who is our bigger enemy , & # 39; Fed boss or Chinese leader? MORE said on Friday that he would not discourage Federal Reserve Chairman Jerome Powell from resigning if he wished, and restricted a day when he unleashed criticism of the central bank governor and called him an "enemy."

"Do I want him to retire? Let me put it this way: If he did, I wouldn't stop him," Trump told reporters as he left the White House for the Group Seven Summit (G- 7) in France and added that he "was not happy" with Powell.

"I don't think he's much of a chess player. But I've got him," he said.

The President has repeatedly pressed for lower interest rates from the Fed and accused Powell of holding back the US economy with its central bank leadership.

His feud with Powell reached new heights Friday after the Fed chairman warned that the central bank is not responsible for resolving the Trump-led trade conflicts.

Trump joked back on Twitter that Powell, whom he appointed to lead the Fed in 201

7, could pose a greater threat to the United States than Chinese President Xi Jinping.

The President has previously claimed that he has the power to fire Powell, although experts have questioned that claim.


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