Why Trump wants to fire Jerome Powell -- and what's stopping it from happening
President Trump says he will fire Fed Chair Jerome Powell if Mr. Powell doesn't leave by May 15. A criminal probe and a defiant senator are making that easier said than done.
TL;DR
- President Trump intends to fire Fed Chair Jerome Powell.
- The deadline for Powell's resignation is May 15.
- A criminal probe is making the firing more difficult.
- A defiant senator is also posing an obstacle.