Once again, Trump threatens to fire Fed Chair Jerome Powell
Senator Thom Tillis stated he would not vote to confirm a new Fed chair until the DOJ investigation is resolved.
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Senator Thom Tillis stated he would not vote to confirm a new Fed chair until the DOJ investigation is resolved.
Republished from NPR, with credit to the original publisher.
30 stories · 88–91 · updated Sep 25, 2026
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President Trump has renewed threats to fire Fed Chair Jerome Powell over interest rate policy while continuing a DOJ investigation into the central bank. The dispute centers on Powell's refusal to step down before his term expires in May, potentially delaying the confirmation of his successor.
Senator from North Carolina
Right-leaning outlets like The Gateway Pundit focus on the DOJ investigation into Fed headquarters construction, framing Powell as "stonewalling" prosecutors. In contrast, left-leaning sources such as RawStory describe the move as a "vendetta" and highlight Powell’s commitment to protecting the central bank's independence from political interference.
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