US President Donald Trump on Wednesday said that it is “highly unlikely” he will fire Federal Reserve Chair Jerome Powell, after signaling otherwise a day earlier in a private meeting with lawmakers.Speaking to reporters in the Oval Office,

Two of President Donald Trump's contenders to succeed Federal Reserve Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.

Once again, Donald Trump is dancing with the idea of trying to fire Fed Chair Jerome Powell — a move economists say would shake global markets and could unleash economic chaos. Plus, Trump directly attacks his own base over the Epstein backlash.

Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire the Fed chief, which quickly sent the the S&P 500 down by 0.7%. When later

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome Powell on 'The Ingraham Angle.'

The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely."

Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.