On Wednesday, U.S. President Donald Trump stated that he would dismiss Federal Reserve Chair Jerome Powell if Powell does not resign at the end of his term, emphasizing that an ongoing Justice Department investigation must proceed.

U.S. President Donald Trump sparked a brief stir by revealing he had “talked about the concept of firing” Federal Reserve Chair Jerome Powell. However, Trump quickly clarified that such a move was “highly unlikely,” unless Powell were to leave due to fraud.

U.S. stocks edged lower Monday, on the final day of a positive September as investors look to comments from Fed Chair Jerome Powell for clues over future interest rate cuts, News.Az reports citing Investing.