Trump likely to fire Fed Chair Jerome Powell soon
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Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."
Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,
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Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing
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Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over interest rate decisions and previewing upcoming trade deals.
"Trump's got to be careful," warned Eric Diton, president and managing director of The Wealth Alliance, "because if he leans too hard on [U.S. Federal Reserve Chair] Jay Powell, or replaces him and brings in someone who is a Trump 'yes-man,