President Trump: I’ve ‘Held Back’ Long Enough — The Fed Chair Has Until May 15
Trump said he would fire Powell if Powell did not leave the Fed board when his chair term ends.
3 min read
Search people, articles, bills, and more
Trump said he would fire Powell if Powell did not leave the Fed board when his chair term ends.
Trump said Powell should leave the Federal Reserve board when his chair term ends May 15 or Trump would fire him; Powell says he will stay on the board while a DOJ investigation continues. The article reports that the investigation is also holding up a Senate hearing for Trump’s Fed chair pick, Kevin Warsh.
Federal Reserve chair who says he will remain on the board during the investigation
Powell's version of this story ↗
Senator who says he will not support Warsh’s confirmation until the investigation is resolved
Tillis's version of this story ↗President Trump has threatened to fire Fed Chair Jerome Powell if he does not resign by May 15, citing alleged mismanagement of a multi-billion dollar headquarters renovation. Right-leaning outlets like Fox Business and The Daily Caller focus on Trump's accusations of "incompetence" and his push for nominee Kevin Warsh. In contrast, left-leaning sources such as RawStory and MS NOW frame the ultimatum as a personal "vendetta" that faces significant judicial and legislative pushback.
Thom TillisLoading comments…
