Home WH adviser Kudlow: White House is not considering demoting Fed chair Powell

WH adviser Kudlow: White House is not considering demoting Fed chair Powell

Updated: 18 Jun. 2019 | 17:37

Responding to the Bloomberg report claiming that White House has explored the legal options to demote FOMC Chairman Powell, White House economic adviser Larry Kudlow told Fox News that they were not taking any action to change Powell’s status but refrained from saying whether or not they considered it in the past.

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