Trump probably soon fed Chair Powell at the fore: Official of the White House

President Donald Trump told a room full of republican legislators that he was released the chairman of the Federal Reserve Jerome Powell after receiving the approval from them for the move, a high -ranking official from the White House told CNBC.

In the middle of repeated rejection of administrative officials and high -ranking Republicans, the exchange came on Tuesday evening in the Oval Office after the Republicans blocked a vote on the legislation of cryptocurrencies that Trump preferred.

“The President asked the legislators how they felt in the dismissal of the Fed chairman. They expressed the approval of releasing him. The president stated that he would soon do so,” said the official, who spoke about the condition of anonymity, openly about the topic.

There seems to be no defined schedule, and the shot does not seem to be imminent. Regardless of this, the New York Times reported that Trump went so far to design a letter for the dismissal of Powell, and showed him the legislator during this meeting.

A FED officer rejected a comment on CNBC for the report.

Trump and other numbers of the White House have started a multi -stage attack on Powell to bring the central bank to the reduction is an important loan. Finally, they beat Powell about the renovation work in the Fed headquarters in Washington and awakened that Trump could try to remove the Fed leader for reasons.

A recent decision by the Supreme Court showed that the president is not authorized to remove the Fed officials at will.

In a CNBC interview on Wednesday, Rep. French Hill, the chairman of the House Financial Services Committee, repeated that “I don't see”, as Trump released Powell. The finance minister Scott Bessent also announced Bloomberg News on Tuesday that he had not expected Trump to change in this direction.

Rep. Anna Paulina Luna, a Republican in Florida, who blocked the crypto initiative with other party members on Tuesday, said at the Social Media -website X that a step against Powell was imminent.

“Jerome Powell is fired! From a very serious source,” she said, adding later: “I am 99% sure that the fire is imminent.”

In earlier statements in this matter, Powell said that his dismissal was “not permitted according to the law”. No president has ever tried it in the past, even though others criticized the leaders of the central bank.

Trump nominated Powell for the chairman in November 2018 to succeed Janet Yellen, who became Fed position after four years as finance minister under the former President Joe Biden. The Senate confirmed Powell in the following February, but was often criticized by Trump both during the president