Trump says he’ll fire Powell next month if he stays in his role at the Fed
President Trump threatened to fire Jerome Powell if he attempts to remain as Federal Reserve Chair in an interim capacity.
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President Trump threatened to fire Jerome Powell if he attempts to remain as Federal Reserve Chair in an interim capacity.
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 after his term expires in May, escalating a battle over the central bank's independence and a DOJ probe 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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