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Trump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher
President Donald Trump’s unprecedented tariffs, particularly on China, and recent attacks on Federal Reserve Chair Jerome ...
Can Trump Fire Jerome Powell? Federal Reserve Chair Thinks No As President Reportedly Eyes His ‘Termination.’
Trump has reportedly eyed firing Powell for months and said Thursday, "if I want him out, he’ll be out of there real fast, believe me.
New York Post29d
Trump blasts Federal Reserve Chair Jerome Powell, says his ‘termination cannot come fast enough!’
Their relationship soured when the Fed held interest rates steady, contrary to Trump’s preferences. Powell, a former private equity investor, was reappointed by President Joe Biden in 2022.
CNN28d
Trump blasts Fed Chair Powell, saying his ‘termination cannot come fast enough’
Trump wrote. “Powell’s termination cannot come fast enough ... I have a lot of respect for my esteemed colleague and friend Jay Powell. We have a steady solid relationship amongst central ...
USA Today29d
Trump slams Jerome Powell for economic outlook. But can the president fire the Fed chair?
However, Powell also mentioned a case that Trump is asking the U.S. Supreme Court to hear that would change the landscape of independent boards' relationship with those in power, if the court ...