Trump will likely fire Fed Chair Powell ‘soon,’ Bloomberg reports

Republican senators caution Trump against firing Fed chair Jerome Powell

Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from Republican senators.

Trump Signals Low Likelihood of Firing Fed Chair Powell

President Donald Trump said on July 16 that he was not planning on firing Federal Reserve Chair Jerome Powell, following weeks of criticism directed at the central bank chief for not lowering interest rates. Trump has repeatedly left the possibility of ousting Powell on the table, with Treasury Secretary Scott Bessent telling Bloomberg Television on Tuesday that the “formal process” for selecting a successor to Powell is already underway. Powell…

Out for blood: Trump’s reckless witch-hunt could trigger financial chaos

The president is getting increasingly desperate as he looks to push out the head of the Federal Reserve. If he is successful, the consequences will be severe.

Trump says he would love for Fed Chair Powell to resign

By Kanishka Singh

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 privately signals he'll fire Fed Chair Jerome Powell — but downplays it in public

Trump suggested to a group of GOP lawmakers that he will fire the Fed chair. But he later signaled he would let Powell finish his term