Jerome Powell, chairman of the U.S. Federal Reserve, pauses while speaking during a press conference following the Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Anna Moneymaker/Bloomberg)

Fed Signals Law Is on Its Side If Trump Tries to Remove Powell

(Bloomberg) -- The world’s most powerful central bank is making clear it thinks the law is on its side if President Donald Trump tries to remove Jerome Powell as Federal Reserve chairman.

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