[Trump: No Plans to Fire Powell at the Moment, Too Early for In-Depth Discussion] BlockBeats News, January 15—U.S. President Trump stated on Wednesday local time that although the Department of Justice is conducting a criminal investigation into Federal Reserve Chairman Jerome Powell, he currently has no plans to fire Powell. However, he also mentioned that it is 'too early' to discuss what actions might ultimately be taken. When asked whether he would attempt to remove Powell from his position, Trump said in an interview with Reuters: 'I currently have no such plans.' When asked whether the investigation provided him with a reason to do so, Trump added: 'At the moment, we are in a "wait-and-see mode" with him, and we will decide what to do. But I cannot discuss this in depth right now. The timing is too early, it’s premature.' Powell’s term as Federal Reserve Chairman will end in May, but he is not required to leave the Federal Reserve Board in Washington until 2028. Trump hinted that he is inclined to nominate former Federal Reserve Governor Kevin Warsh or National Economic Council Director Kevin Hassett to replace Powell. He also stated that he has ruled out U.S. Treasury Secretary Scott Bessent for the position, 'because he wants to stay in his current role.' (Jin10)