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Firing Fed Chair Powell would be a 'terrible idea', says fmr. Cleveland Fed President Loretta Mester
CNBC Televisionยท 2025-07-16 22:03
Our next guest says President Trump firing Jerome Powell is quote a terrible idea that would only have negative long-term consequences. Loretta Mester is the former president of the Cleveland Fed and a CNBC contributor, someone that knows an awful lot about the inner workings of all of this. We're lucky to have you here.Thank you so much, Miss Mester. I guess just to get started, what was your general take on how today's events played out and what you think should or should not happen. Well, it's just anoth ...