Trump said he would "not hesitate for a second" to fire Powell, but is concerned this would disrupt the markets.

According to a report by Jincai Finance, U.S. President Trump discussed the issue of Fed Chairman Powell’s tenure again during an interview on Friday local time. He stated that he is “very likely” not to dismiss him before Powell’s term ends, as some have advised him against it, arguing that “it would disrupt the market.” “I wouldn’t hesitate for a second to remove him,” Trump said, “but they say it would disrupt the market, anyway he will be gone in seven or eight months, and at that time I will replace him with my own person.” Earlier on Friday, Trump also said Powell should resign like Fed Governor Adriana Kugler.