Trump: Although Powell is facing an investigation, there is currently no intention to fire him

U.S. President Trump said on Wednesday that, despite the Justice Department conducting a criminal investigation into Federal Reserve Chairman Powell, he currently has no plans to fire him, and it is "too early to determine what action he will ultimately take." When asked if he would attempt to remove Powell from his position, Trump told Reuters, "I have no such plans at the moment."

When asked if the investigation gave him reason to take action, Trump added, "For now, we are taking a strategy of holding off on him, and we are studying what to do next. But I can't disclose details. It is still too early." (Jinshi)