President Trump denied that he was planning to attempt to fire Federal Reserve Chair Jerome Powell after polling Republican lawmakers during a closed-door meeting about whether he should oust him.

“We’re not planning on doing anything,” Trump told reporters at the White House, adding later, “I don’t rule out anything, but I think it’s highly unlikely. Unless he has to leave for fraud.”

The president suggested he could attempt to remove Powell for cause, arguing the central bank spent too much money on renovations of two historic office buildings.

Trump has for years raised the prospect of firing Powell, but has stopped short of doing so. The president has grown increasingly frustrated with Powell in recent months.... Read More: WSJ