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Federal Reserve Chair says Trump has no legal authority to fire him

Federal Reserve Chair Jerome Powell said Thursday he would not resign if President-elect Donald Trump asked him to, and underscored that in his view, the president wouldn’t have the legal authority to fire him.

Federal Reserve Chair Jerome Powell said Thursday he would not resign if President-elect Donald Trump asked him to, and underscored that in his view, the president wouldn’t have the legal authority to fire him.

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