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WDEFcites Associated PressApr 15, 2026

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends

President Trump threatened to fire Jerome Powell if he remains at the Federal Reserve after his chairmanship expires next month.

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
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tl;dr

President Trump threatened to fire Fed Chair Jerome Powell if he remains on the central bank's board after his term as chair ends. The move comes amid a DOJ investigation into Fed renovations that critics call a pretext to undermine central bank independence.

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