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Trump has discussed firing Federal Reserve chairman in ‘frustration’ after rate interest hike: report

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President Donald Trump may fire the chairman of the Federal Reserve because of his decision to raise interest rates, Bloomberg reports.

The report says Trump has “discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified,” blaming him for months of stock-market losses.

The report is sourced to four people familiar with the matter.

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“Advisers close to Trump aren’t convinced he would move against Powell and are hoping that the president’s latest bout of anger will dissipate over the holidays, the people said on condition of anonymity. Some of Trump’s advisers have warned him that firing Powell would be a disastrous move,” the report says.

Trump has been counseled to not make the move, the report said, and market watchers think things could go sideways if he did.

“Any attempt by Trump to push out Powell would have potentially devastating ripple effects across financial markets, undermining investors’ confidence in the central bank’s ability to shepherd the economy without political interference.,” the report said.


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Watch Ex-CIA official break down the ‘three crimes’ Trump committed if Ukraine scandal is true

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President Donald Trump could be charged with committing three federal crimes if the whistleblower reports involving the White House seeking campaign interference from Ukraine are correct.

MSNBC "Deadline: White House" anchor Nicolle Wallace interviewed Jeremy Bash on Friday -- and worried about the safety of the whistleblower.

"The stakes could not be any higher, the risk to his career -- or her career -- and reputation and perhaps legal standing could not be any higher for this whistleblower. That's why we’re glad to be joined by national security analyst, former chief of staff of the CIA and Department of Defense, someone I wanted to talk to about this story all week, Jeremy Bash," Wallace said.

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Ex-FBI official urges Trump whistleblower to call the Bureau and report a ‘crime’ occurred

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The whistleblower at the heart of President Donald Trump's scandal involving Ukraine and Rudy Giuliani may need to call the FBI and report a crime, a former top official at the Bureau explained on MSNBC on Friday.

Frank Figliuzzi, the former assistant director for counterintelligence at the FBI, was interviewed by MSNBC's Nicolle Wallace on Friday shortly after The Wall Street Journal published a bombshell report that Trump personally pressured Volodymyr Zelensky eight times to work with Giuliani for oppo research on Joe Biden's son, Hunter.

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Trump ‘specifically pressured the president of Ukraine’: WSJ reporter explains bombshell report

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MSNBC anchor Nicolle Wallace on Friday interviewed one of the reporters behind a bombshell story on President Donald Trump and his interactions with Ukraine that are at the center of the whistleblower scandal.

"President Trump in a July phone call repeatedly pressured the president of Ukraine to investigate Democratic presidential candidate Joe Biden ’s son, urging Volodymyr Zelensky about eight times to work with Rudy Giuliani, his personal lawyer, on a probe, according to people familiar with the matter," The Wall Street Journal reported.

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