U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be "put out to pasture." He made the comments in a Truth Social post, where he ordered the firing of U.S.

President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal Reserve's board of governors should take control.

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.