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WH adviser Kudlow: White House is not considering demoting Fed chair Powell

2019-06-18 23:40

Responding to the Bloomberg report claiming that White House has explored the legal options to demote FOMC Chairman Powell, White House economic adviser Larry Kudlow told Fox News that they were not taking any action to change Powell's status but refrained from saying whether or not they considered it in the past. 


This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

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