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Trump vs Powell: Can US Prez really oust US Fed chair?

IndiaTimes Tuesday, 22 April 2025
President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates further, sparking concerns in financial markets. The legal grounds for Trump to remove Powell are unclear, particularly regarding his role as chair. While firing Powell entirely would likely face legal challenges, the situation raises significant questions about the independence of the central bank.
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Video Credit: Oneindia - Published
News video: Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED

Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED 04:02

 President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as...

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