Trump says he’ll fire Powell next month if he stays in his role at the Fed
President Trump threatened to fire Federal Reserve Chair Jerome Powell over a headquarters renovation dispute and a stalled successor nomination.
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President Trump threatened to fire Federal Reserve Chair Jerome Powell over a headquarters renovation dispute and a stalled successor nomination.
Republished from CNN, with credit to the original publisher.
10 stories · 83–89 · updated Sep 25, 2026
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President Trump threatened to fire Fed Chair Jerome Powell if he remains as chair pro tempore after his term expires in May. The dispute involves a DOJ investigation into Fed headquarters renovation costs and a Senate standoff over Powell's successor, Kevin Warsh.
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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