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US House Republicans meeting with Fed's Powell canceled, Semafor reports

ReutersJul 16, 2025 4:51 PM

- Republicans on the House Financial Services Committee were expected to meet with Federal Reserve Chairman Jerome Powell later on Wednesday, but the meeting has since been canceled, a Semafor reporter said on X.

President Donald Trump earlier told reporters he is not planning to fire Powell . Trump said he had spoken with some Republican lawmakers about firing the Fed chairman, but that he was more conservative about the idea than they were.

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