There has been no discussion of having U.S. Federal Reserve Chairman Jerome Powell step down from his position, White House economic adviser Larry Kudlow told reporters on Friday after the Federal Reserve cut interest rates this week.
U.S. President Donald Trump “has been outspoken in his views about the Fed chairman,” said Kudlow, the director of the National Economic Council. But “there is no conversation to get rid of [Powell] whatsoever,” he said.
