Trump says Federal Reserve Chair Powell’s ‘termination cannot come fast enough’

News Snapshot:

WASHINGTON (AP) — President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday, reiterating his frustration that the Fed has not aggressively cut interest rates and saying that the central bank leader's "termination cannot come fast enough.” Trump hinted at moving to fire Powell, whose term does not expire until next year. The Republican president's broadside comes a day after Powell signaled that the Fed will keep its key interest rate unchanged while it seeks "greater clarity” on the impact of policy changes in areas such as immigration, taxation, regulation and tariffs. Powell's comments contributed to a drop in...