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Trump: If the Fed chairman wanted to resign, I would not stop him



President Trump Donald John TrumpThe campaign report from Hill: Democratic field begins to shrink from critical expansion To ward off the recession, Trump should keep his mouth and smartphone shut. Trump: "Who is our bigger enemy," Fed chief or Chinese leader? MORE on Friday said he would not discourage US Federal Reserve Chairman Jerome Powell from resigning if he wished, and crowned a day when he caused fierce criticism of the central bank leader, calling him "an enemy."

Should he resign? Let me put it this way: if he resigns, I would not stop him, "Trump told reporters as he left the White House to travel to France for the group of seven (G-7) summit in France that he was with Powell was not happy.

"I do not think he's a great chess player. But I have it, "he said.

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

His feud with Powell reached a new one on Friday Highlight after the Fed chairman warned that the central bank was not responsible for settling Trump-driven trade disputes

Trump shot back on Twitter that Powell, whom he had appointed as chief of the Fed in 201

7, was a bigger threat for the US as Chinese President Xi Jinping.

The president has previously claimed he has the authority to fire Powell, although experts have challenged this assertion.


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