Trump Threatens to Fire Fed Chairman if He Doesn’t Resign in May
President Trump threatened to fire the Federal Reserve Chair over disagreements regarding building costs and interest rate policy.
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President Trump threatened to fire the Federal Reserve Chair over disagreements regarding building costs and interest rate policy.
President Trump has threatened to fire Federal Reserve Chair Jerome Powell if he does not vacate his position by May 15. The move escalates a long-standing feud over interest rates and a DOJ investigation into Fed building costs.
Secretary of the Treasury
US Senator (NC)
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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