Trump Warns He’ll ‘Fire’ Fed Chair If He Refuses to Leave Until DOJ Probe Ends: ‘I Hate to Be Controversial’
President Trump threatened to fire Fed Chair Jerome Powell over a dispute involving a DOJ probe and renovation costs.
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President Trump threatened to fire Fed Chair Jerome Powell over a dispute involving a DOJ probe and renovation costs.
President Trump threatened to fire Federal Reserve Chair Jerome Powell if he refuses to vacate his post in May. The standoff follows a DOJ probe into Fed renovations, which Powell claims is a pressure tactic, while Trump cites incompetence and high costs.
Outgoing US Senator
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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