Trump will likely fire Fed Chair Powell ‘soon,’ Bloomberg reports
UNITED STATES, JUL 16 – Trump claims the Federal Reserve's $2.5 billion renovation overruns, $600 million above budget, could justify firing Chair Jerome Powell amid broader economic policy disputes.
- President Trump reportedly plans to fire Federal Reserve Chair Jerome Powell 'soon.'
- Trump has launched a multi-pronged attack on Powell, pushing the central bank to lower interest rates.
- Firing Powell could undermine the Fed's independence and lead to higher inflation, interest rates, and a weaker economy, according to the report.
92 Articles
92 Articles

Trump told GOP lawmakers he would 'likely' fire Fed chair Powell 'soon,' sources and officials say
Photo by Kevin Dietsch/Getty Images (WASHINGTON) — President Trump asked a group of Republican lawmakers how they felt about him firing Federal Reserve Chair Jerome Powell and told them he would “likely” fire Powell “soon,” according to two White House officials and sources familiar with the Tuesday evening meeting. The Republican lawmakers expressed their approval of Trump’s intention to fire him, according to the White House officials and sour…
Trump dodges after White House official claims he'll fire Fed's Jerome Powell
A White House official claimed President Donald Trump plans to fire Federal Reserve Chairman Jerome Powell, Bloomberg reported Wednesday"While the lawmakers voiced support for the move, which would likely roil financial markets and lead to a consequential legal showdown, Trump has not made a final d...
Donald Trump ready to fire the head of the Fed, Jerome Powell. The American agency Bloomberg cites a White House official, according to whom the president...
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Bias Distribution
- 52% of the sources are Center
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