Senator Elizabeth Warren (D-MA) said Wednesday on CNN’s “The Lead” that Federal Reserve Chairman Jerome Powell should be removed because he is “trying to drive” the U.S. economy into a recession.
During a discussion about Powell raising interest rates, anchor Jake Tapper asked, “Have you ever directly told President Biden that you think he should fire the chair, Jerome Powell? And who would you like to see replace him?”
Warren said, “So, I’m not going to talk about private conversations, but what I will say is I made it very clear as publicly as humanly possible that I didn’t think that he should be reconfirmed as chair of the Fed. And I think he’s doing a really terrible job.”
Tapper asked, “Do you think the United States is headed for a recession?”
Warren said, “I think that that is where Jerome Powell is trying to drive it.”