Former President Trump stated that he intends to fire Federal Reserve Chair Jerome Powell if Powell does not step down in a timely manner. He also confirmed that he will pursue the Justice Department's investigation into the central bank leader.

US President Donald Trump has said he will fire Jerome Powell if the Federal Reserve chair does not step down “in time”, adding that he will not drop the Justice Department investigation into the central bank leader. “I’ll have to fire him, OK, if he’s not leaving on time. I’ve held back firing him. I’ve wanted to fire him, but I hate to be controversial,” Trump said in an interview with Fox Business. “I want to be uncontroversial. But he will be fired,” he said in the interview taped on...