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Federal Reserve Board Chairman Jerome Powell before House Financial Services Committee in 2020 as a photo of then-President Donald Trump is shown on a screen.
Powell said he can’t be fired anyway. ... President-elect Donald Trump remains likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May ...
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.
Federal Reserve Chair Jerome Powell said he won't step down if President-elect Donald Trump, who has previously criticized Powell's performance, asks him to resign.
Jerome Hayden "Jay" Powell (born February 4, 1953) is an American investment banker and lawyer serving since 2018 as the 16th chair of the Federal Reserve. Powell is expected to remain in his position during the second Presidency of Donald Trump at least through 2026.
Trump, however, has threatened to remove Powell from his post on several occasions after the central bank raised interest rates in 2018 and even called Powell “the enemy” in 2019.
But Powell didn't mince words during his press conference following the Fed’s November interest-rate cut, stating firmly that a U.S. president Powell Brushes Off Trump's Removal Threat ...
(Reuters) -U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. Trump added that he ...