In a bold move, President Trump has announced his intention to dismiss Federal Reserve Chair Jerome Powell should he remain in his position following the expiration of his term. This development comes amid ongoing tensions between Trump and the Federal Reserve over interest rate policies. The President's statement has sparked widespread speculation on potential impacts on global markets. Powell, appointed by Trump in 2018, has maintained a focus on stabilizing the economy, often clashing with Trump's calls for lower rates. As Powell's term approaches its end, all eyes are on how this high-stakes situation will unfold, potentially affecting both domestic and international economic strategies.
President Trump says he will fire Federal Reserve Chair Jerome Powell if he stays in
By: cnnbrk
Published: 2026-04-15T18:56:02.957606Z
Last Updated: 2026-08-08T15:26:46.108002Z
Category: Money