Trump Signals Powell Likely to Remain Fed Chair

U.S. President Donald Trump said in an interview with Newsmax that Federal Reserve Chair Jerome Powell is "most likely" to remain in his post, adding that dismissing the central-bank chief "would disturb the market." Trump’s comments come after periodic speculation that he might seek to replace Powell before the end of the chair’s term. By stressing the potential market disruption of such a move, the president signaled a continued, if qualified, commitment to Powell’s leadership at the Federal Reserve.