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PoliticoApr 16, 2026National News

How Trump Is Sabotaging Himself on the Federal Reserve

Jerome Powell faces threats of removal from President Trump while maintaining support from several key Republican senators.

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Trump Issues May 15 Resignation Ultimatum to Fed Chair Jerome Powell
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How Trump Is Sabotaging Himself on the Federal Reserve
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tl;dr

President Trump is threatening to fire Fed Chair Jerome Powell, but his aggressive tactics and a DOJ investigation into Fed renovations are alienating Senate Republicans and potentially delaying the confirmation of his preferred successor, Kevin Warsh.

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