Can Donald Trump Fire Federal Reserve Chair Jerome Powell? Legal barriers, economic fears explained
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.
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to...
It’s a somber day on Sesame Street—Elmo, the fuzzy red icon of childhood joy, has become the unlikely face of a political firestorm. A satirical LinkedIn post, allegedly written by Elmo, claimed..
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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..
President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates further, sparking concerns in financial... IndiaTimes
Amidst market anxieties fueled by speculation, US President Trump has affirmed that Federal Reserve Chair Jerome Powell will not be removed, despite ongoing... IndiaTimes
Federal Reserve Chair Jerome Powell cautioned that President Trump's tariffs could fuel inflation and hinder economic growth, creating a dilemma for the Fed's... IndiaTimes