Fed Chair Powell says he wouldn't resign if Trump asked

“No,” was Powell’s one-word answer to a question of whether he would step down at the president’s request, during a panel discussion in Atlanta hosted by the American Economic Association.

While Trump has repeatedly criticized Powell on Twitter for the central bank’s campaign of steady rate hikes, the Fed chairman said there has been no direct contact between him and the president in recent months. Still, he said he would be open to meeting with Trump.

“Meetings between presidents and Fed chairs do happen,” he said. “Nothing has been scheduled.”