Powell stands up to Trump threats, warns on Libra

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Powell stands up to Trump threats, warns on Libra

Phil Thornton
July 11, 2019 04:15 pm
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KYNR43 President Donald J. Trump announced the nomination of Jerome Powell to be Chairman of the Board of Governors of the Federal Reserve System | November 2, 2017 (Official White House Photo by Andrea Hanks) Photo of the Day November 3, 2017 24291164288 o | Alamy Stock Photo

The chairman of the US Federal Reserve, Jerome Powell, has insisted he will stand firm against any attempts by president Donald Trump to sack him as head of the central bank. Powell also warned that Facebook’s Libra currency plans raise concerns about financial stability.

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Phil Thornton
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