CNN
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Stock market dips amid reports of potential Powell firing. Trump says it’s ‘highly unlikely’
Posted
July 16, 2025
Views
83,114
Likes
601
Comments
478
Engagement
1.30%
July 16, 2025
83,114
601
478
1.30%
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10:15Now PlayingPresident Donald Trump said today it’s “highly unlikely” he would fire Federal Reserve Chair Jerome Powell after reports he was considering the move. But he offered an important caveat: “Unless he has to leave for fraud.” The comment came after multiple reports emerged that Trump had polled lawmakers yesterday on whether or not he should fire the chair. CNN’s Phil Mattingly and Vanessa Yurkevich report. #CNN #News
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