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Can Donald Trump Fire Federal Reserve Chair Jerome Powell? Legal barriers, economic fears explained

DNA Friday, 18 April 2025
Though the Federal Reserve Act allows for the dismissal of Board members, including the chair, "for cause", no Fed chair has ever been removed by a President. This cause has been interpreted as misconduct and not the policy.
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News video: Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports

Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports 04:02

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