Trump threatens to fire Powell if the Fed Chair decides to stay on after his term ends next month
President Trump threatened to fire Federal Reserve Chair Jerome Powell if he stays on the board past his term expiration.
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Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell49 articles·46 sources·Avg cred 64/100
Also about:Thom Tillis
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tl;dr
President Trump threatened to fire Fed Chair Jerome Powell if he remains on the board after his term ends. The standoff involves a pending DOJ investigation and Senator Thom Tillis's refusal to confirm successor Kevin Warsh until that probe is dropped.
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