Trump says he’ll fire Powell next month if he stays in his role at the Fed
President Trump stated he would fire Jerome Powell if the Fed Chair attempts to stay past his term expiration in May.
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President Trump stated he would fire Jerome Powell if the Fed Chair attempts to stay past his term expiration in May.
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 in office past May, intensifying a legal battle over central bank independence and a DOJ investigation into renovation costs.
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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