Trump puts Fed Chair Jerome Powell on notice, threatens to fire him if he doesn’t resign by May 15
President Trump threatened to fire Fed Chair Jerome Powell by May 15 if he does not resign first.
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President Trump threatened to fire Fed Chair Jerome Powell by May 15 if he does not resign first.
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15 stories · 28–34 · updated Sep 25, 2026
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President Trump has issued an ultimatum to Federal Reserve Chair Jerome Powell, threatening to fire him if he does not resign by May 15, escalating a constitutional conflict over the independence of the central bank.
Senator blocking nominee
Senator defending Fed independence
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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