Trump has continued his attacks on the Federal Reserve's monetary policy, but Chief White House economic adviser Larry Kudlow said the president has no plans 'presently' to dismiss Chairman Jerome Powell
President Donald Trump has no plans "presently" to dismiss Federal Reserve Chairman Jerome Powell from his post, chief White House economic adviser Larry Kudlow said Tuesday, despite Trump's unrelenting attacks on the central bank's monetary policy.
Kudlow said the Fed should be independent "but that word independent, it doesn't mean they operate from another planet." He was asked about recent comments by economist Arthur Laffer that monetary policy should be subject to greater control by Congress and the president.
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