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Trump Administration Has "Flexibility" on Key Issues: US Policy Expert
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April 23, 2025
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5:58Now PlayingPresident Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates.
“Never did,” Trump told reporters on Tuesday. “The press runs away with things. No, I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates.”
Lanhee Chen, Fellow in American Public Policy Studies at the Hoover Institution, weighs in on President Trump being optimistic about the relationship between China & the United States over the President's reciprocal tariffs. Chen also discusses the President stating he has no intention of firing Federal Reserve Chair Jerome Powell and whether or not this decision was made based on Wall Street's response to statement the President has made. Lanhee Chen speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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