Trump insider undercuts president’s war on Fed chair: ‘There was no wrongdoing’
Donald Trump's effort to prosecute Jerome Powell is facing pushback from Republican senators and a federal court.
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Donald Trump's effort to prosecute Jerome Powell is facing pushback from Republican senators and a federal court.
Republished from Raw Story. The relationship between the two publishers has not been determined.
148 stories · 48–51 · updated Sep 25, 2026
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President Trump's effort to prosecute Federal Reserve Chair Jerome Powell is facing internal resistance from Republican senators and administration officials. This pushback follows a court ruling that dismissed Department of Justice subpoenas as a pretext for political pressure on interest rates.
Senate Majority Leader
Senate Banking Committee Chairman
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.
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