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Thune on Fox on if Trump fires Fed Chairman Powell: The President probably will make that decision based on what he thinks..the markets will react..I think the markets want an independent Federal Reserve. I think they want a central bank that isn't subject to the whims of
SENATE MAJORITY LEADER THUNE: MARKETS WANT AN INDEPENDENT FED CHAIR. || THUNE: BELIEVES POWELL WILL LIKELY COMPLETE HIS TERM. || THUNE: TRUMP MAY BASE DECISION TO REMOVE POWELL ON MARKET PERFORMANCE.
Thune: Trump to likely base decision to fire Powell on markets
Senate Majority Leader John Thune said on Fox News that any decision by President Donald Trump on whether to dismiss Federal Reserve Chair Jerome Powell would likely depend on how financial markets might respond. Thune added that he believes Powell is "likely" to finish his current term and stressed that markets "want an independent Federal Reserve" that is not subject to political pressure.
