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Trump economic advisor says it's time for Powell to leave Fed

Original: Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented'

A top economic advisor to Donald Trump is publicly calling for Jerome Powell to step down as chair of the Federal Reserve, describing his extended tenure at the central bank as 'unprecedented' and saying 'it's time' for him to go. The comments add to ongoing pressure from Trump's circle on the Fed's leadership and its independence over monetary policy.

Why now: Tension between Trump's camp and the Federal Reserve over Powell's leadership is a live political and markets story.

Jerome PowellDonald TrumpFederal Reserve

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Evidence

• Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented' · Fox Business
• Trump economic advisor says 'it's time' for Powell to leave Fed, calls extended tenure 'unprecedented' · Fox Business

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