US President Donald Trump seeks to oust Federal Reserve Chair Jerome Powell if the central banker does not leave his position 'on time'

US President Donald Trump seeks to oust Federal Reserve Chair Jerome Powell if the central banker does not leave his position 'on time'

President Donald Trump renewed pressure Wednesday on Federal Reserve Chair Jerome Powell, with the US leader threatening to fire the central bank chief if he stays beyond his mandate.

Powell's term at the helm of the Fed expires on May 15, although he can remain in his role as chairman if no successor has been confirmed.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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