Trump Appears to Go TACO on Rumors He’ll Fire Fed Chair Jerome Powell
Reports leaked Wednesday that President Donald Trump was getting ready to fire the chairman of the Federal Reserve, Jerome Powell. The news caused markets to dip, but TACO, the popular Wall Street acronym that stands for Trump Always Chickens Out, appears to be the dish of the day, as the president denied he was going to fire Powell while speaking to reporters in the White House. “He should have cut interest rates a long time ago. Europe has cut ’em 10 times in the short period of time, and we