House Speaker Mike Johnson, R-La., said Wednesday that he’s “really not sure” if President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell.
“I have been not happy with the leadership there personally, but I’m honestly not sure whether that executive authority exists,” Johnson told CBS News political correspondent Caitlin Huey-Burns.
“I believe new leadership would be helpful at the Fed, and I believe rates need to be adjusted,” he added.
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