Targeting the Fed’s Powell, Team Trump can’t seem to help itself
President Trump threatened to fire Federal Reserve Chair Jerome Powell and continued a criminal probe against him despite judicial and legislative pushback.
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President Trump threatened to fire Federal Reserve Chair Jerome Powell and continued a criminal probe against him despite judicial and legislative pushback.
President Trump is threatening to fire Fed Chair Jerome Powell and continuing a DOJ investigation despite judicial pushback and Senate Republican opposition. This conflict threatens the Federal Reserve's independence and the confirmation of Powell's successor.
Senator from North Carolina
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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