Odaily Planet Daily News - U.S. President Trump said this week that he never had plans to fire Federal Reserve Chairman Powell and accused the media of spreading false statements. But inside the White House, some senior officials took seriously the idea of firing Powell that Trump had recently publicly proposed. According to people familiar with the matter, as Trump's criticism of the Federal Reserve Chairman intensified last week, White House lawyers privately reviewed legal options for trying to remove Powell. Those discussions came to an abrupt end earlier this week when Trump told his senior aides that he would not try to remove Powell. These people said that Trump made the decision with the intervention of Treasury Secretary Bessant and Commerce Secretary Lutnick, who warned Trump that the move could trigger far-reaching market chaos and a messy legal battle. One of them said that Lutnick also told the president that the action to fire the Fed chairman would likely not lead to any actual changes in interest rates because other members of the Federal Reserve Committee would likely adopt monetary policies similar to Powell. (Jinshi)