Fed, Trump and Powell
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The candidates on President Donald Trump's shortlist to succeed Chairman Jerome Powell is starting to become more apparent.
Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already. Consumers hoping for lower rates as well may be better off if the Fed sticks to its current plan, experts say.
President Donald Trump is scheduled to visit the Federal Reserve on Thursday, a trip that will be closely watched amid ongoing tensions between the White House and Fed leadership.