Chris Christie Says He Would Consider Keeping Powell as Fed Chief
July 20, 2023
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0:39Now PlayingChris Christie Says He Would Consider Keeping Powell as Fed Chief
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as posted by the channelFormer New Jersey Governor Chris Christie said that he would consider keeping Federal Reserve Chair Jerome Powell even though he could’ve acted sooner to raise interest rates to slow inflation.
“I don’t have anything that I think Jay has done horribly wrong. I think that he probably should have started tightening sooner than he did. I think he waited too long on that,” Christie said in an interview Wednesday with Bloomberg Television’s “Balance of Power.”
Christie stressed the importance of the independence of the Fed, drawing a contrast with his chief rival for the GOP presidential nomination, onetime ally, ex-President Donald Trump, who has criticized Powell after nominating him to lead the US central bank in 2017. While Trump hasn’t said that he would aim to fire Powell should he retake the White House in 2024, he’s said that he’s no longer a “big fan” of the Fed chairman, telling Fox News in March that Powell is “too interest-rate happy.”
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