April 15, 2026
Trump vows to fire Powell from the Fed if he stays on past end of his chairman's term
President Trump said he will fire Federal Reserve Chairman Jerome Powell if he does not leave the central bank after his successor is installed.
TL;DR
- President Trump intends to fire Federal Reserve Chairman Jerome Powell.
- The firing will occur if Powell does not leave the central bank after his successor is installed.
- The statement outlines a condition for Powell's dismissal.
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