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KPBS Public Mediavia NPRApr 15, 2026Local News

Once again, Trump threatens to fire Fed Chair Jerome Powell

Chairman Jerome Powell faces renewed threats of dismissal from the President while promising to remain in his role until a successor is confirmed.

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Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell
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Once again, Trump threatens to fire Fed Chair Jerome Powell
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tl;dr

President Trump has renewed threats to fire Fed Chair Jerome Powell over interest rate policy while continuing a DOJ investigation into the central bank. The dispute centers on Powell's refusal to step down before his term expires in May, potentially delaying the confirmation of his successor.

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