Trump Says He'll Pick a Fed Chair Who Wants to Cut Rates
President Donald Trump said he will pick a successor for Federal Reserve Chair Jerome Powell who wants to cut interest rates, a condition that would strike at the heart of the central bank's independence.
'If I think somebody's going to keep the rates where they are or whatever, I'm not going to put them in. I'm going to put somebody that wants to cut rates. There are a lot of them out there,' Trump told reporters Friday.
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