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BREAKING NEWS

Trump says did not threaten to demote Fed's Powell: NBC interview

Trump says did not threaten to demote Fed's Powell: NBC interview
FILE PHOTO - U.S. President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/ -
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Carlos Barria(Reuters)
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WASHINGTON (Reuters) – U.S. President Donald Trump said on Sunday on NBC’s ‘Meet the Press’ news programme that he did not threaten to demote Federal Reserve Chairman Jerome Powell.

“I didn’t ever threaten to demote him,” Trump said, adding that he has the power to do so.

(Reporting by Kevin Drawbaugh; Editing by Phil Berlowitz)

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