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The former president has previously claimed he can fire Powell, but legal experts aren't quite so sure. For the moment, Trump appears more focused on his legal problems as some in his orbit remain ...
President-elect Donald Trump has sent mixed signals for years on whether he would fire or demote Jerome Powell. But Powell made it clear Thursday that he won’t be going anywhere even if Trump tried.
The re-election of Donald Trump has reignited one of the most contentious debates among investors: Can the president-elect remove Federal Reserve Chair Jerome Powell? Trump has been critical of ...
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.
President-elect Trump in a new interview said he does not plan on attempting to fire Jerome Powell as chair of the Federal Reserve upon taking office next year. “No, I don’t think so. I don ...
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump ...
Trump has also shared another plan if he can’t fire Powell: getting the central bank to consult him on interest rate decisions. “I feel the president should have at least a say in there.
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would step down if asked to do so by President-elect Trump. “No,” said ...