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Trump denies plans to fire Powell

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President Donald Trump has denied plans to fire Federal Reserve Chair Jerome Powell after reportedly telling a room full of Republican lawmakers that he would do so.

"We're not planning on doing it," he said Wednesday at the White House. "I don't rule out anything, but I think it's highly unlikely, unless he has to leave for fraud."

A senior White House official anonymously told members of the media that Trump said he would oust Powell in a Tuesday conversation with a group of House Republicans.

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