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Trump said he would fire Jerome Powell if Powell did not leave when his term expires.
Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if Powell does not leave when his term expires, while prediction-market odds favored no rate cuts in 2026. The article also reports hurdles to nominee Kevin Warsh’s confirmation and details of his financial disclosure.
Senator who has refused to vote for a Fed nominee until the Justice Department drops its probe into Powell
Tillis's version of this story ↗Trump’s Federal Reserve chair nominee whose confirmation and financial disclosure are discussed
Warsh's version of this story ↗Treasury secretary who commented on the Fed’s wait-and-see approach and later walked back his remarks
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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