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BenzingaApr 15, 2026Trade Press

Trump Says He'll 'Fire' Jerome Powell, But Prediction Markets Say It Won't Help With Rate Cuts

Senator Thom Tillis has refused to vote for any Federal Reserve nominee until the DOJ ends its investigation into Chair Jerome Powell.

Trump Says He'll 'Fire' Jerome Powell, But Prediction Markets Say It Won't Help With Rate Cuts
Mixed
tl;dr

Donald Trump has threatened to fire Federal Reserve Chair Jerome Powell if he does not step down when his term expires, as Senator Thom Tillis blocks the confirmation of successor Kevin Warsh over a DOJ probe into the Fed.

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Thom TillisR-North Carolina
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57%43%
8 votes · rated by people, not pundits

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