WASHINGTON, June 18- President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could legally strip Jerome Powell of the Fed chairmanship. Asked by reporters outside the White House if he wanted to demote Powell, Trump said: "Lets...
WASHINGTON, June 18- Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship, demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday. White House economic adviser Larry Kudlow declined to confirm or...