F*deral R*serve Ch*ir J*rome P*well R*veals He W*ll D*fy Pr*sident Tr*mp

Federal Reserve chair Jerome Powell has declared he will not resign if President Trump asks him to step down.

When asked by a reporter if he plans to resign if he’s asked by Trump, Powell simply responded, “No.”

He added, “Not permitted under the law,”

Watch the moment Powell said