Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
President Trump threatened to fire Jerome Powell if he remains at the Federal Reserve after his chairmanship expires next month.
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President Trump threatened to fire Jerome Powell if he remains at the Federal Reserve after his chairmanship expires next month.
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411 stories · 96.5–97.3 · updated Sep 25, 2026
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President Trump threatened to fire Fed Chair Jerome Powell if he remains on the central bank's board after his term as chair ends. The move comes amid a DOJ investigation into Fed renovations that critics call a pretext to undermine central bank independence.
Senator opposing the investigation
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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