Trump Clarifies Again He Won’t Remove Fed Chair Jerome Powell

The relationship between the incoming president and the central bank chair has been contentious since Trump’s first term in the White House.

Then-President Donald Trump looks on as his nominee for chair of the Federal Reserve, Jerome Powell, speaks during a press event at the White House on Nov. 2, 2017. Drew Angerer/Getty Images

President-elect Donald Trump said again that he will not try to remove Federal Reserve Chair Jerome Powell before his term expires in 2026.

In an interview with NBC’s “Meet the Press” on Dec. 8, host Kristen Welker asked Trump whether he has plans to replace Powell.